XRP > Parallel Channel > Dump?

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Hello Friends,

Hope you all are having a thrill in your trading journey.

I am presenting you my analysis of XRP.

According to my technical analysis, XRP is going down as it is following a strict trendline. So, I am short on Ripple.

"My analysis is valid until we don't see a breakout from the parallel channel from upside"
I hope my analysis is pretty clear to you guys.

Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!

Best Regards,

Shaswat Naman
TradeThrill, India🇮🇳

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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Breakout :-(
altcoinsBitcoin (Cryptocurrency)breakoutCryptocurrencyParallel ChannelrippleTrend AnalysisTrend Linesusdtxrpxrpusdshort

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