bono_trade-avenue

XRP on life support?

bono_trade-avenue Updated   
This is a 4 Hour chart. We are trending down folks......
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....alt scenario if current trend holds.....
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We have plenty of support the this level $1.3-1.5 at the moment.
We are currently oversold which is a good sign.
Which means that we will continue at this current price range.

For how long? That's the question. So, I would say hold for now
and continue to monitor the XRP.
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Update: We have a trigger in a 1-hour chart.
At the moment, more people are buying than selling.
That is a healthy sign but XRP is close to being overbought,
which may suggest that this maybe be a slow rise
and can be a good entry point.
Also this means that we are stuck at the current price range.
Comment:
Update: We have a trigger in a 1-hour chart.
At the moment, more people are buying than selling.
That is a healthy sign but XRP is close to being overbought,
which may suggest that this maybe be a slow rise
and can be a good entry point.
Also this means that we are stuck at the current price range.

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