sven101

48c target met. Xrp atng to hold 48c as support. Might not hold

Short
BINANCE:XRPUSDT   XRP / TetherUS
Originally i predicted a heavy bounce out of the 48c region before continuing lower however since a lot of other coins are close to breaking support, if they do, xrp will almost surely continue downwards likely to 47 cents. From there it is unclear what will occur, there could be a relief rally considering how much downward movement has occured in this short time period.
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.