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lobfxempire
Sep 7, 2020 5:50 AM

XRP Is Looking Bearish!! Short

XRP / U.S. dollarBitstamp

Description

Good Morning Traders. I recently posted about XBT/USD, but I failed to mention the correlation between that pair & XRP/USD. I'm sensing the same amount of Bearish presence from both pairs. Recently, XRP failed to break 1H Market structure. I'm predicting possible retracement to $0.24, then a dive to retest lower boundary of Market Structure. If breakout attempt occurs & prevails. I'm foreseeing bearish movements towards $0.2890. For confirmation, I also highlighted a possible Bearish MA Crossover.

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