XRP in BIG TROUBLE | Bearish

XRP is known as the "PUMP and DUMP" alt for a reason.

If you look at this chart from the macro timeframe, it clearly shows how XRP dumps hard after every parabolic increase - and this isn't even the entire price history..

The lower highs and lower lows we currently observe are not helping its case, either.
Pulling up the technical indicator in the weekly timeframe and we see a clear SELL - indicating that the price/trend has turned bearish.

And from what we know of XRP - it's likely that the price will drop ALL the way back to the lows, aka the beginning of the parabolic rally - possibly even further down.

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