The flow of BTC seems to be buffering the downtrend.
If the downside calms to some extent, we expect a bearish low.
BTC's low zone is expected to form between 20MA and 7060 on monthly chart.
Accordingly, if XRP maintains its price at 0.27062, a low may be formed at 0.25355 as the BTC moves.
As XRP has played a role in initiating the rise of the coin market, we expect it to be announced again.
It is better to make a slow purchase with a split.
If the downside calms to some extent, we expect a bearish low.
BTC's low zone is expected to form between 20MA and 7060 on monthly chart.
Accordingly, if XRP maintains its price at 0.27062, a low may be formed at 0.25355 as the BTC moves.
As XRP has played a role in initiating the rise of the coin market, we expect it to be announced again.
It is better to make a slow purchase with a split.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
