XRP still on the way down Short

XRP / DollarBitfinex

Description

⋅ Jun 27, 2018 5:47 AM

XRP hit my first target sooner than expected and on its way down to the second target of $0.36 following the trendline.

Anything can happen but I doubt it will turn bullish anytime soon....

BEST OF LUCK

Trend Analysis

Comments

Creation2017

⋅ Jun 27, 2018 8:01 AM

I think it will turn bullish and decouple from bitcoin soon. Maybe with the SBI exchange and the DX Exchange in July...

Douglas15

⋅ Jun 27, 2018 3:10 PM

@Creation2017, I've learnt that anything is possible with Cryptos. It should be interesting to see what happens if it decouples from bitcoin, but I don't think this will happen easily.

Creation2017

⋅ Jun 27, 2018 9:41 PM

@Douglas15, the downtrend is already 6 months. We are at the lowest point the second time with xrp. Next days we will see if we go lower. I dont think so with the good news and the BTC crash together it would be a good time to decouple. And i think in also depends from the timing of the SEC decision about XRP not being a security.