avershinsky

XRPUSDT: A Weak Price Support Corridor

Short
BINANCE:XRPUSDT   XRP / TetherUS
When the price does not rise, there is only one option for further activities - a fall(yeah that's simple). Since there have been no significant purchase volumes in recent weeks, it is not surprising that, at any opportunity, the price sags lower and lower.

The closest significant corridor for Ripple is 50, so my opinion is a short position 25 pips from the current price.
Trade active: Not bad
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.