While my weekly/monthly position on XRP remains long regardless of price action. I want to point out the very real possibility of us taking another leg down if we don't see buy pressure return within the next hour. I fine-fit the trend lines to our current price, technically we're below my original support trend line I drew earlier. So now's the time to decide! Will we short an asset that's overheated on the short term, or buy the dip for what is still a historically undervalued asset? The choice is ours.
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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.