XRP has a giant head and shoulders formation in daily chart.
If it breaks 2$ level support zone, XRP may lose at least -%30 of it's value.
You can use it for short.
Safe entry would be below 2$ with a closeure of daily candle.
Or.. Simply short right from here but it would be risky.
If it breaks 2$ level support zone, XRP may lose at least -%30 of it's value.
You can use it for short.
Safe entry would be below 2$ with a closeure of daily candle.
Or.. Simply short right from here but it would be risky.
Order cancelled
If you had a short position, it's a good time for close it in breakeven. Formation is still valid but the sentiment shows upwards momentum. 
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Related publications
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.