hea79

XRP Gearing up for another drop

Short
hea79 Updated   
With BTC about to make another dump to 7K (Very Likely) pretty soon XRP should see at least .55 cents. Its following very nicely and could even make it to .48 but it all depends on how deep BTC goes.

As with most the alt coins when BTC is dumping the alt coins suffer. So when I read a TA pumping it for gains while BTC is in a downtrend it makes me wonder what they may be thinking (maybe just optimistic lol). Anyways good luck guys an you should be able to get a lot of alt coins on sale in the coming days!
Comment:
XRP has been showing the same bearish triangle as BTC also. We should be breaking down very soon... hopefully we will be moving up early next week!

Comment:
Comment:
So XRP has been playing the same sideways game as BTC for a good while, but it looks as if we may start seeing the acceleration down to the lower low soon. The volume profile matches pretty well for around the .50 mark which it may wick down a little farther..

Comment:
If we close above yesterdays candle on the daily chart (.62) should indicate a trend reversal. With BTC looking like it may hit 7.8ish today I am looking for the reversal to happen. XRP seems to be lagging just behind BTC for the past couple of weeks as with many of the alt coins.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.