I am still bearish on Ripple vs U.S. Dollar (XRPUSD) and I believe that the drop is about to pick up momentum.
Look at the MACD: This can spell disaster ahead.
Also notice that prices are currently challenging as support EMA10.
After a lower high compared to the first test of EMA10 as support, 26-Nov., this can signal that the next level will be tested, meaning EMA21 ($0.5176).
But this can go even lower... See my previous analysis for more targets here: Ripple vs U.S. Dollar (XRPUSD)... Wow...
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.