The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for RIPPLE - XRP/USDT as long as the price remains well below . The next bearish objective for sellers is set at . A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at . In case of crossing, the next objective would be the support located at . As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at . With this support, against the trend traders who want to buy RIPPLE - XRP/USDT on a buy signal from their trading strategy should not hesitate to act.
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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.