Cutter710

Daily Chart XRP Bearish Channel

Short
KUCOIN:XRPUSDT   XRP / Tether
Recently XRP made a test towards the .50 region.

While many have said that this momentum could carry on, with the current macroeconomic forecast and how BTC and ETH still maintain their respective downward channels this should prove to be a correction upward to provide supply towards shorts to match the 'velocity' expected at the end of September across equities.

.34 and .24 are support bottoms on the way down.

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