Solldy

XRPUSD ❕ buys at the support level

Short
BITSTAMP:XRPUSD   XRP / U.S. Dollar
XRP continued to decline after McCaleb's selling and formed a downtrend line.
Price is under liquidity.
Main MAs on 30m Timeframe are bearish sentiment.
TD Sequential - reversal signal down at 30m Timeframe.
In trying to break through the support level , the price was held higher and trading volumes increased.
TD Sequential - reversal signal up at 4H Timeframe.
The 50MA broke down the 100MA on the 1H Timeframe.
Price and RSI have formed a bearish divergence on the 1H Timeframe.
I expect that from the current levels price may test the support level , but after that it will come to the resistance level , where a short position can be considered when XRP fixes under the resistance level .

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