CRYPTOCAP:XRP.D   Market Cap XRP Dominance, %
Never saw a more bearish chart and this is the monthly. Here goes:

-Dom rejected from descending triangle resistance.
-Dom fell under long-term rising trendline
-Dom monthly closed way below major longterm horizontal support.
-Mega bearish engulfing monthly candle, almost 70% larger than the bullish candle.
-MACD has been in the red forever.

How is bullish?



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.