XRP has been rejected multiple times when it tried to break out of the falling wedge.
Granted, the volume is exceptionally low on the sells and much higher on the buys (albeit without a big shift in price, so supply is still in power).
As much as I don't like this, the price might take a tip and break down to the downside if buyers don't step in.
Granted, the volume is exceptionally low on the sells and much higher on the buys (albeit without a big shift in price, so supply is still in power).
As much as I don't like this, the price might take a tip and break down to the downside if buyers don't step in.
Comment:
Comment: As you can see, buyers have not really stepped in sufficiently yet and the price fell though the falling wedge to the price at the end of the falling wedge (0.52 cents). We *may* have a bottom here (not sure if it is THE bottom), but the next downside target is the 0.4 region which many others have alluded to. I'm not sure if we will go there directly, if at all.
