Daily Chart Explanation:
- Price faced the top of the Descending Channel, but it showed weakness when trying to break it.
- Price was rejected from this zone and is on the Descending Channel again.
- Bearish Divergence on MACD could be anticipating a down move.
- It is, again, in the Micro Triangle Structure.
Which side do you think Ripple will break the Micro Triangle Structure?
Which will be the next move?
We will keep you updated!
- Price faced the top of the Descending Channel, but it showed weakness when trying to break it.
- Price was rejected from this zone and is on the Descending Channel again.
- Bearish Divergence on MACD could be anticipating a down move.
- It is, again, in the Micro Triangle Structure.
Which side do you think Ripple will break the Micro Triangle Structure?
Which will be the next move?
We will keep you updated!