XRP has broken down through previous trendline but...

BITSTAMP:XRPUSD   Ripple / U.S. Dollar
Due to low volume and market stagnation it will need have a large break low or high to change the current trend. If this does not happen it will continue to bleed and eventually there will be a large sell-off that causes the volatility we want. If no break down, then there will be no run.

Expect slow bleed to continue until we hit round and fib numbers where casual investors have Stop-Limits set that will cause a large sell off and hopefully a bounce.

Comment: FWIW - Crypto is driven by speculation, news, social media, and Fibonacci numbers. The Fib self-fulfilling prophecy is the closest clue we have.
XRP has broken down through previous trendline but....
then again - now XRP has broken down through previous trendline but...
then what?
Oh, I forgot - there is always a "but"

Why all of you are trying to distort the truth? Trend is fully bearish.
@nixel, Trend is bearish...how am I distorting anything, nerd?
I like that "self-fulfilling prophecy" thing.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out