MATHR3E

XRPEUR: Where are we?

Long
BITSTAMP:XRPEUR   XRP / Euro
Without entering in the controversy of this coin, here is the current weekly situation:

We are now near the TSDST Resistance (0.38315 EUR) but at the moment not able to close above it on a weekly basis.

Until we close above this line, the current bearish TD sequential BUY Countdown remains in progress and at least 6 more weeks of downside move are expected.

RSI is showing strenght at this moment as long as it remains above 50.
On the XRPUSD pair, the S13 BUY countdown has occured on the week of April 22 (just before last week's rally)

If we close below the TDST Support line (Green), XRP will be in serious trouble

Want to know more about the TD Sequential?
Check :
MATHR3E.

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