Still no good news unfortunately. XRP consistently creating lower highs and lower lows, recently breaking its only major support level @ 0.278 (averaged), and now below VWAP ('century') headed towards 0.15.
Failing to touch the upper b-band since June 2019 is a major bearish sign to consider. XRP is now likely to run towards 0.22 – 0.25, reverse back down from there and remain beneath all moving averages for a while.
Close-Up + RVGI:
RSI shows a downward continuation as well:
Worst case scenario, if support levels don't hold, prepare for consolidation around 0.06.
Failing to touch the upper b-band since June 2019 is a major bearish sign to consider. XRP is now likely to run towards 0.22 – 0.25, reverse back down from there and remain beneath all moving averages for a while.
Close-Up + RVGI:
RSI shows a downward continuation as well:
Worst case scenario, if support levels don't hold, prepare for consolidation around 0.06.
Comment:
UPDATE: Brace for possible XRP quick surge towards 0.30
Comment:
Massive drop by Spring 2020 expected.