Weekly: (Legacy line) The previous week closed with a giving us an indication of a pullback week. This weeks candle close has now engulfed the spinning tops lower week. WIth that said we could see a sideways week next week before seeing a definite direction upward or downward.
Daily: has come out of the overbought territory and now considered to be oversold. The daily has seen multiple points of contact on the lower trendline with buyers coming to support the (.48-.52) The next low (max pain) for bulls is . 40 . That max pain to maintain our outlook.
Intraday: 4h chart is still under the 50ma and hasn't recovered above since the 4th. Right now we see .56 being the sell off zone in this current downward trend. If that level can clear we will see a shift in sentiment and start to see higher lows instead of lower highs.
Sentiment: KRAKEN:XRPUSD KRAKEN:XRPUSD