BitManHero

XRP looking bearish in the short term on 3hr charts...

Short
KRAKEN:XRPUSD   XRP
XRP has been consolidating under .63057 cents on 3hr charts with a wall of long squeezes on the horizon. If we close under .5948 I’m expecting a break down in the short term (the next few days) to the .57329 support area but will long if we test and bounce of this key level of support. If we can’t maintain support above that .57329 level I see a break to the downside to .45588 Tell me your thoughts and where you believe market sentiment is moving.
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.