Ripple has to decide what to do next. Even though I'm very bearish on this chart, we have to wait and see next couple days. My position is neutral.
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Rippe is funny. Looks like XRP doesn't want to be accosted with bear channel, but it's bouncing of the channels resistance. Hey Ripple, you are in the bear channel now. Deal with it. Will be under $1 shortly.
Well, we are technically in bear channel right now. And we need a lot of volume to break channel resistance.
LEVERXYZ
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maybe, this symmetrical pennant looks more and more bearish to me:) plus crypto community does not want to "accept" XRP due to its centralized approach. But (!) its all about whales, not us, right? :) once pennant will burst I will place my long or short positions on confirmations. At this point I'm neutral.