Hello my dear XRP/Ripple traders, hope you're doing well guys!
Ripple is right now in a descending pattern, where we're trying to uphold 0.276. Should we lose this, we have definitely some downward potential, first up to the same previous wick-lows at around 25 cents. => It will highly depend on grandpa Bitcoin, in which direction it will break its equilibrium on the 4H.
Should we break bearish, after 25 cents we have definitely 20 cents as big psychological support before the December break out.
Have fun watching! ;)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. For short trading: Please be aware, that you can lose all your money on Bitfinex if Tether blows up one day/and or they just close, as compared to Coinbase, who do not offer short trading, but who have at least an insurance up to 250k. Dollars
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
Ripple is right now in a descending pattern, where we're trying to uphold 0.276. Should we lose this, we have definitely some downward potential, first up to the same previous wick-lows at around 25 cents. => It will highly depend on grandpa Bitcoin, in which direction it will break its equilibrium on the 4H.
Should we break bearish, after 25 cents we have definitely 20 cents as big psychological support before the December break out.
Have fun watching! ;)
If you had some value from my analysis, make sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. For short trading: Please be aware, that you can lose all your money on Bitfinex if Tether blows up one day/and or they just close, as compared to Coinbase, who do not offer short trading, but who have at least an insurance up to 250k. Dollars
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.