Ripple(XRP): Potential Breakdown Near 200EMA

Ripple coin caught our attention with multiple touches to that 200EMA line, which usually has been acting as a good bounce zone but not right now.

We see a weakness to kick near that zone and also no big volume, which could push the price back up. For now, we are looking for a breakdown!

Swallow Team

Commento:

Ripple has had a nice pump-and-dump event near 200EMA, which is not going to cause a breakdown in that same zone. Keep your eyes open, as we might see some sharp moves in the next few days!

Commento:

6% of market price movement happened after a nice breakdown of EMAs and a successful re-test as well.