Ripple - All indicators are bearish, bullish cycle is over.
Hello,
So It seems like the bullish cycle is over. The daily MACD is bearish, the coral trend indicator is bearish and volume is decreasing.
This cycle looks exactly like the previous bearish cycle and based on that we can tell that a downtrend for the next couple of month is a really high possibility.
Here is my previous ripple analysis.
Good luck,
DCFreak
So It seems like the bullish cycle is over. The daily MACD is bearish, the coral trend indicator is bearish and volume is decreasing.
This cycle looks exactly like the previous bearish cycle and based on that we can tell that a downtrend for the next couple of month is a really high possibility.
Here is my previous ripple analysis.
Good luck,
DCFreak
Comment:
Just as expected... I believe it will keep going down just as mentioned in the idea.