XRP Short - Bearish Divergence on Technicals

Short

XRP / Bitcoin (BITTREX:XRPBTC)

Updated

BITTREX:XRPBTC XRP / Bitcoin

Trend Analysis Chart Patterns Technical Indicators xrp xrpsud XRPUSDT short

trendanalysis chartpattern indicator xrp xrpsud xrpusdt short

Following the BTC sell-off XRPs price rebounded. The price action doesn't match the technicals which indicate the price should drop.

Comment:

XRP Price action now following the bearish divergence. Should have zoomed in on the main chart for a clearer view.

snapshot

Comment:

We have hit a local low here.

snapshot

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