CryptoPatel

XRPBTC Ripple Weekly Bearish Trend

Short
BITSTAMP:XRPBTC   XRP / Bitcoin
XRPBTC Technical Analysis:

Ripple now trading at 2560 Satoshi.
before 24 hours its was pumped and Dumped badly.

Pumped from 2550 Satoshi and went upto 2970 Satoshi.
and instant
Dumped from 2970 Satoshi till 2550 Satoshi.

Mean same again.

Daily Chart show recently Candle bearish Engulfing and this was strong Rejection from 30 MA.
2 confirmation Followed so I am bearish as chart.

What Next:
if 2300-2400 Satoshi main Support break down Then we can see free fall till 1500-2000 Satoshi.
2000 Satoshi is Psychlogical Support.
if this also filled to hold then 1200-1500 Satoshi my Buy zone.

Keep an eye on every updates guys.
I am ready for boost.

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