InvestingScope

Short target intact on more selling pressure.

Short
As expected, Ripple continued its calculated decline within the 1D Channel Down (RSI = 32.626, Highs/Lows = -0.0233, B/BP = -0.0848) as it broke the previous 4H Rectangle. 4H is still neutral (ADX, CCI, Highs/Lows) as it has been consolidating following the hit on a major target (0.46014) and support level. Our TP remains 0.4000. XRPUSD will eventually break the intermediate line (red dotted) and make an even more aggressive Lower Low = 0.35277 on the 1D Channel Down as the 1W selling pressure is greater than previously (Highs/Lows = -0.0869).

Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
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.