Shwayze

Ripple might go on sale

Short
KRAKEN:XRPUSD   XRP
A couple things developing on this chart. A bearish triangle has formed with the neckline of what I believe to be a head and shoulders pattern.

Looking at a head and shoulders formation develop, trending with lower lows on the RSI. If this fits the bill, expect to see prices back down to $0.122.

Keep a look out for when price breaks neckline, it will be expected to drop.


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