Short
Oversold XRP looking for some respite.
Xrp is looking oversold and will try to test middle kelt of bbband.
I expect some range bound side ways movements before the continuation of downtrend.
Open a short after it fails to break the resistance at EMA 20.
I expect some range bound side ways movements before the continuation of downtrend.
Open a short after it fails to break the resistance at EMA 20.
Trade active
Failed to clear EMA 50 and accordingly short was opened at 6350Note
target 5700/5300
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.