XRP/BTC double bottom
XRP/BTC is, at the moment, making a high volume dip below the last low. Considering that:
1. XRP/BTC is above major support lines;
2. XRP/BTC is well below the MA200 (-33%);
3. XRP/USD is squished between giant old support and resistance lines;
4. The MA200 of XRP/USD is rising;
5. XRP.D (dominance) has touched last year's bottom of 1.70%;
All of this suggests that the continuous spill could end soon, making a double bottom.
1. XRP/BTC is above major support lines;
2. XRP/BTC is well below the MA200 (-33%);
3. XRP/USD is squished between giant old support and resistance lines;
4. The MA200 of XRP/USD is rising;
5. XRP.D (dominance) has touched last year's bottom of 1.70%;
All of this suggests that the continuous spill could end soon, making a double bottom.
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