XRPUpdated XRP to further correct
Still no good news unfortunately. XRP consistently creating lower highs and lower lows, recently breaking its only major support level @ 0.278 (averaged), and now below VWAP ('century') headed towards 0.15.
Failing to touch the upper b-band since June 2019 is a major bearish sign to consider. XRP is now likely to run towards 0.22 – 0.25, reverse back down from there and remain beneath all moving averages for a while.
Close-Up + RVGI:
RSI shows a downward continuation as well:
Worst case scenario, if support levels don't hold, prepare for consolidation around 0.06.
Failing to touch the upper b-band since June 2019 is a major bearish sign to consider. XRP is now likely to run towards 0.22 – 0.25, reverse back down from there and remain beneath all moving averages for a while.
Close-Up + RVGI:
RSI shows a downward continuation as well:
Worst case scenario, if support levels don't hold, prepare for consolidation around 0.06.
Note
UPDATE: Brace for possible XRP quick surge towards 0.30Note
Massive drop by Spring 2020 expected.
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Disclaimer
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.