Recently all crypto took a hit due to various reasons, one of which being Elon's manic tweeting! Although the fundamentals have given the crypto market a big blow, there is still hope! This could be seen as a deeper correction where we can buy at a discount price.
For XRP, we have seen a very large wick to the downside where we tagged previous structure. On lower timeframe, it still looks bearish and it is likely that price will fill that wick. Will monitor closely and wait for the wick to be filled.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.