ShawnMCR

XRP - Pushing Down

Short
ShawnMCR Updated   
BINANCE:XRPUSDT   XRP / TetherUS
XRP here followed the downtrend too.
It's pushing down the lower Bollinger Bands and now because it confirmed crossing the past fib line, we can say it's a bearish short-term move for now.
Sell volume is high in the whole market so if you're into leverage trading this might be a good time to open short positions.
For a safer strategy wait for the first 4H candle to close under the resistance area and the open short positions.

Current Market Price: $0.8070

Good Luck
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Trade closed: target reached

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