ShawnMCR

XRP - Might Drop!

Short
BINANCE:XRPUSDT   XRP / TetherUS
XRP is obviously in a downtrend right now. This trend isn't that strong but it still makes it risky.
This coin is going down with a downtrend regression just like many other coins.
I'm seeing more drop coming because the price is getting closer to the Dynamic Resistance, and for breaking that it needs more Buy Volume, which we don't have right now. All platforms are showing that Sell Volumes are high.
My private indicators are also showing Sell Signals.
Fib and Bollinger are not showing anything strong either so you guys be careful buying this or opening long positions for now.
There is a support shown on the chart but it doesn't look that strong.

Current Market Price: $0.9375

Good Luck
Tell me your ideas. Like and Share

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.