Trendline is holding XRPUSD for so long on the top of the support side, but question is how long will it hold?
Forever? I don't think so.
XRPUSD is very calming and consolidating for pretty long time. Maybe it could be taken as a calm before a storm.
Longterm I'm big fan(and investor/HODLER) of XRP, but from a trader's point of view, i think we might go even lower this year.
As soon as it breaks trendline, and retest, we could go to 0.28600 easily (First TP).
Be Patient guys and lets wait for some confirmation before entering short, i will update as soon as its gonna move.
Let's give me your feedback guys, what you think of XRP right now?
Forever? I don't think so.
XRPUSD is very calming and consolidating for pretty long time. Maybe it could be taken as a calm before a storm.
Longterm I'm big fan(and investor/HODLER) of XRP, but from a trader's point of view, i think we might go even lower this year.
As soon as it breaks trendline, and retest, we could go to 0.28600 easily (First TP).
Be Patient guys and lets wait for some confirmation before entering short, i will update as soon as its gonna move.
Let's give me your feedback guys, what you think of XRP right now?
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Drop happened, i m awaiting some retest of longterm trendline and previous structure and one more leg to the downside. Longter term target still 0.28900 area
Trade active:
First TP: 0.30000 psychological level
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