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AmirHonardoust
Sep 10, 2023 3:29 PM

(XRPUSD) : Broken Daily Uptrend  Short

XRP / US DollarBinance

Description

Hey guys, I hope you're all doing well. For XRP, the main thing that is obvious and can show the possibility of a fall in price is the weekly downtrend (attached on the chart). So it can show me the destination of the price for a much longer time. Another reason is the respect of the price in the resistance area (2 times, between 0.54 and 0.55 areas). In my opinion, the price will fall step by step until it reaches the 0.31 or 0.30 area.

May you all be PROFITABLE,
Comments
wonglee1017
you trendline is wrong
Morteza-Emzajerdi
Let's hope it can see 0.3 USD again.
AmirHonardoust
@mortezaemzajerdi, Let's see
Viktor_strifor_analyst
very useful
thanks a lot ;)
AmirHonardoust
@Viktor_strifor_analyst, You are welcome, bro. Thanks for your comment. Have a great day.🙏
SwallowPremium
We think the upcoming news on the project may have an effect on it. Thank you for sharing with us your analysis.
AmirHonardoust
@SwallowPremium, I really appreciate your feedback🙏. Let's see what's going to happen.
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