cryptojamey

XRP might be in for some more correction

Short
cryptojamey Updated   
BINANCE:XRPBTC   XRP / Bitcoin
XRP forming a pennant. Now testing the supportline of the pennant. I think this will break trough and test the 7K sats line. This all depends on BTC's next move witch might push XRP further down.
Comment:

XRP Bounced of the support line as of the recent BTC "pump". Still don't wanna trade this unless it breaks out of this pennant.
Comment:

Broke down. First support around 7700 sats. If that support breaks, green line will be next support (7k sats)

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.