XRP' is still following the path of this bear flag
. It has found some support around the 0.345, similar to the 3800 of Bitcoin'. If these break we can see another wave down. I have added this decending trend line
from the highs, showing a possible triangle. If that breaks on the upside, we could see a move towards the 0.365 or even 0.375. If we get above the last one, the big bear flag
might even be invalidated. Volume
is still low, so there is no dumping yet. If support breaks and we start to higher volume
dumping, we could see a big drop happening.
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