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altchicasignals
Feb 21, 2020 3:26 PM

XRP ANALYSIS (TREND LINE BROKEN!) 

XRP / BitcoinBinance

Description

XRP ANALYSIS:

XRP has now broken below the trend, and also below the 200MA. This is a bearish signal here and expecting XRP/BTC to fall back into support near 2500 sats. Volume is slowly declining and 100MA has again broken below the 200MA. I do expect a strong bounce off the support line, but until we get there I do not think it is smart to take a long just yet. If XRP does manage to break back above the trend and 200MA, then we can turn the call into a long. For now, this is a short signal to wait until entry at or near 2500-2600 sats!

Possible Entries: 2550 sats
Comments
NoamGr
Calling xrp shitcoin is a compliment
gz1968
A trend based on two points? I would not base anything off that.
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