Rising trend support line broken, set for a fall, 50 MA line on weekly and daily charts showing downward momentum.
Not an encouraging sign.
Not a trading advice, please do your own research before investing..........
Some one tried pumping the money right at death cross to manipulate it, but I am affraid this would be fruitful.
Reason as I think : Death Cross is characterized by 200 MA & 50 MA
So in order to be really effective overcoming the death cross, one need to be able to pump the money for at-least 50 days, so that the 50 MA going down immediately after death cross can...
Link-USD pair is still maintaining the bull flag in hourly chart, in-spite of dip.
Let us see if it breaks Bullish out of the falling wedge.
Not a trading advice, please do your own research before inveting
Expecting XRP to retrace immediately after it crosses $.45 level and the probable reason for this could be the BTC reaching at $10K mark and then a sell off, causing all the alts to retrace down.
But that would be a good option to enter back.
Not a trading advice, please do your own research before investing