BullRingAnalysis

XRP/BTC RIPPLE DECLINE COMING AHEAD (BEARish)

Short
BITFINEX:XRPBTC   XRP / Bitcoin
IG: @BULLRINGANALYSIS


Why do I see a short position coming ahead?
MA Crossover on the 1w chart
Ascending wedge forming -->going into two different resistance levels where price statistically declines
patterns are starting to form, dating back to early & mid 2018 months
Higher RSI levels relative to average

IG: @BULLRINGANALYSIS
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