Yuriy_Bishko

XRP - once this area is broken down, the fall could continue 😱

BINANCE:XRPUSDT   XRP / TetherUS
Bitcoin has cheated the whole market and the price has now corrected by 5%. As all altcoins correlate to bitcoin , most coins have fallen in price by 5 - 10%. Ripple has also corrected by more than 5%. The price is now near an important support zone .
But we do not see a good reaction and buying strength. If the price breaks this area, it is very likely that the next stop will be at 1$ and below. A good opportunity to sell would be after a squeeze, breakout, and retest of the marked area as resistance.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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