Ripple Still Bearish / Aiming Lower Short

XRP / U.S. dollarBitstamp

Description

⋅ Dec 8, 2020 1:55 PM

For those wondering the chart for Ripple (XRPUSD) still remains the same... The bears are starting to jump and this is visible when you look at the lower highs.

Prices are now starting to move below EMA10 and the indicators are trending lower and lower.

It would take a strong move up to cancel out the bearish bias this chart is developing.

The next targets, as support levels, can be found on the chart below:

Thanks a lot for your continued support.

Namaste.

Comments

S4eed4zd

⋅ Dec 8, 2020 6:32 PM

Thank you for this updates

AlanSantana

⋅ Dec 8, 2020 8:54 PM

@S4eed4zd, It is my pleasure.

Thank you for the support.

captainocaveman

⋅ Dec 9, 2020 9:52 PM

don't believe this man

goldtrader07

⋅ Dec 9, 2020 12:51 AM

great job calling out this bear mode days before it started you are truly a master. Thank you for your insight.

AlanSantana

⋅ Dec 9, 2020 2:30 AM

@goldtrader07, Thanks for the comment and support.

CryptoSnoopy

⋅ Dec 12, 2020 9:45 AM

any chance to go now, or this shitcoin scamed my money again?

BowserTime

⋅ Dec 9, 2020 8:16 PM

what about now, after bouncing from ema21?

Hansdolo83

⋅ Dec 9, 2020 3:16 PM

love your posts! you think the token flare drop on the 12th will spark a rally? or dump? keep up the great work!

AlanSantana

⋅ Dec 9, 2020 4:45 PM

@Hansdolo83, It's been a while since I looked into these airdrops but they are normally a complete disappointment for those involved.

Things can be different now but the bullish wave tends to come weeks before the airdrop and a strong crash when the event takes place.

If past history repeats, we might see something similar with XRP.

I based my analysis purely on the chart though and ignored all FA.

berghs1984

⋅ Dec 9, 2020 9:24 AM

@alanmasters do you think that this level (fib: 0.5) will hold or do you think that we will see 0.618 9(0.43871) in the short term?