XRP Ripple TANKING Due To Bitcoin BTC Run Up? Next ENTRY TARGET!

Ripple XRP is showing us a little bit of a different story. You can see we have not yet broken this ascending support level. There may be a possible entry right around that 6300 Satoshi mark. However, I'd be a little bit more neutral about Ripple because as you can see this moving average (in yellow,) which is the 200 day when it crossed over the 50-day around June of 2018 creating a death cross a higher moving average crossing over lower moving average and it brought Ripple's price down all the way -53%. That's kind of occurring right now, we're about to start Crossing that 200 with that 50-day moving average similar to what happened in the past.

We are also below this EMA and we're still finding resistance. We've been warning about this ever since 8000 Satoshis, there may be a possible entry at 6300. If we break this then we are definitely going to the downside here with Ripple. The RSI is still below 40 and also below 30 which is not a positive sign because anything between 40 and 30 is bearish anything below 30 is oversold whenever you see abnormal sell volume, you should stay below 30. Then we look at USD chart, we did finally break out of this pattern but we're still finding resistance at the 200-day moving average.

Bullish RSI as we broke past that 60 to 70 level, but the Satoshi chart just isn't looking so good which will be a possible resistance that will stay there and allow this USD value to most likely stay between that 30 and 40 mark versus some of the other altcoins.