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Technical_Perspectives_69_420

Short term profit taking/buy back zone

Short
XRP (BITSTAMP:XRPUSD)  
Technical_Perspectives_69_420 Updated   
BITSTAMP:XRPUSD   XRP
Trend Analysis xrpusd
5
0
trendanalysis xrpusd
The chart is self explanatory. Simple analisys. RSI retracting, MACD - bearish cross on 30 min candles. Short term reversal, I set up a trade, I hope I scoop few free XRP's....
Comment:
It broke the trend line. We might see a bigger decline in price. It was quite the ride, I guess XRP needs to take a breath.... We might see a correction down to 22c. I would keep an eye on it before buying back in.
Don't overcomplicate things in trading
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