alanmasters

Ripple (XRP) Falling Wedge

BINANCE:XRPBTC   XRP / Bitcoin
Ripple ( XRPBTC ) is now trading within a falling wedge , which is a bullish pattern but...

Its price is below EMA10 with bearish indicators.

There can be more bleeding before prices bounce/reverse and start to go up.

The next important support, the 0.786 fib. retracement level, is clearly marked on the chart.

The next resistance is marked with red.

Namaste.
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Comments

GoodJob‍🐻‍❄️
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Appreciate your idea! Upvoted 🦐🔝
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Thank you Alan!!! I'm waiting to buy lower
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Bro pls #DASH chart I am from India
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For me , it’s a dead coin . Let it die . Thanks for info . Namasthe ..!!
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