Ripple bearish outlook
Stand out head and shoulders pattern formed.
Bounced off the .382 retrace (4th - 11th) on the surge of the "Moneygram deal"
That surge lacked momentum - Low volume + lacklustre movement in RSI.
A quick search of ripple will show why it is a suspect cryptocurrency. So I advise anybody looking to invest in ripple, to read any of the articles out there about it
Bounced off the .382 retrace (4th - 11th) on the surge of the "Moneygram deal"
That surge lacked momentum - Low volume + lacklustre movement in RSI.
A quick search of ripple will show why it is a suspect cryptocurrency. So I advise anybody looking to invest in ripple, to read any of the articles out there about it
Note
Neckline break into .764 fib level
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.
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.