TradingView
theCrypster
Feb 9, 2023 10:45 AM

#XRPUSD - Rejected by Upper Trend Line Again! Short

Ripple / U. S. DollarKraken

Description

#XRP has been getting rejected by this descending trend line over and over again historically going back over 2 years, and here we are testing and bouncing off once again.

We've got a Sell signal from Crypto Tipster v2 too which would strongly indicate to us we're about to see a drop to the next level of support - a drop of 16%

If you enjoyed or agree with this idea - drop us a comment, like & follow! :)

Comment

We experienced a small decline in price, ultimately resulting in the price heading back to that trend line once again! Come on, Drop!

Comment

Still holding firm just on the underside of this descending trend line.

When are going to break our TP level?

Comment

#XRP is showing very little movement recently, trailing just under the trend line acting as resistance.

Will we see a break up or down first?
Comments
Turtle_Lightz
Good call, followed that trend line beautifully. Hopefully we can really be part of the bull run this time around.
theCrypster
@Turtle_Lightz, 👍👍
CryptoCheck-
Thanks, great update! I'm bullish on XRP for the future.
theCrypster
@CryptoCheck-, Nice one! ✌️
TheWallStreetWizard
It's gotta pump again sooner or later. My whole life depends on it haha :D
theCrypster
@TheWallStreetWizard, 😅 You hodling big bags of XRP then buddy? It's not a bad place to be long term, as with most coins rn 👍👍
MarsSignals
great idea
theCrypster
@MarsSignals, Appreciate it!
robroszk
Bullish divergence on the weekly could signal a pop in opposite direction you are forecasting.
theCrypster
@robroszk, Quite possibly, we could see both scenarios play out; a drop as predicted here followed by a pump up too ✌️
More