XRP - Intraday - We look to Sell a break of 0.4519 (stop at 0.4681)
Short term momentum is bearish.
We are trading at overbought extremes.
A higher correction is expected.
A break of the recent low at 0.4531 should result in a further move lower.
The bias is to break to the downside.
Our profit targets will be 0.4111 and 0.4011
Resistance: 0.4800 / 0.5000 / 0.5300
Support: 0.4500 / 0.4300 / 0.4100
Short term momentum is bearish.
We are trading at overbought extremes.
A higher correction is expected.
A break of the recent low at 0.4531 should result in a further move lower.
The bias is to break to the downside.
Our profit targets will be 0.4111 and 0.4011
Resistance: 0.4800 / 0.5000 / 0.5300
Support: 0.4500 / 0.4300 / 0.4100
