Mihai_Iacob

Ripple- Under 1usd?

Short
Mihai_Iacob Updated   
After reaching almost 2 firgure, XrpUsd started to roll back, with acceleration on last Sunday's crypto drop.
The last few days found the cryptocurrency trading in a congestion/consolidation pattern which gives us reasons to think continuation.
At this point, we are trading at 1.29, just above important confluence support that lies around 1.25
A new wave of selling in the crypto market could lead to a break here and the next target for Ripple is 0.8 zone
1usd zone is also an important support
I'm looking to sell
Trade closed: target reached:
Ripple under 1usd

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