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majidhossine

XRPUSDT Short-term bearish outlook

Short
XRP / Tether (KUCOIN:XRPUSDT)  
majidhossine  
KUCOIN:XRPUSDT   XRP / Tether
Trend Analysis
1
0
trendanalysis
Viewpoint: Price is trading in a descending channel
Trend: downward trend on short-term and medium-term basis
The momentum is bearish (the MACD line is below the signal line and the RSI is below 50).
Support and resistance is the closest support zone at $0.46. The nearest resistance area is $0.51 and then $0.54.
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