XRP unlike many other cryptos formed a running flat structure (while most formed an expanded flat structrure) which shows weakness compared to other cryptos.
It presents now with a good opportunity to be short on XRP to around 0,17-0.18$
It presents now with a good opportunity to be short on XRP to around 0,17-0.18$
Note
Turns out XRP din't make the flat like many cryptos but it was some sort of channel. Overall target still remains the same for xrp. Pretty nice entry for another short position on it now.
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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.