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PolarHusk

XRP/BTC TA Update (Bearish Rejection?)

Short
XRP / Bitcoin (BINANCE:XRPBTC)  
PolarHusk  
BINANCE:XRPBTC   XRP / Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD XRPBTC xrpusd XRPUSDT xrpusdlong xrpusdshort xrpbtclong xrpbtcshort
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trendanalysis chartpattern indicator btcusd xrpbtc xrpusd xrpusdt xrpusdlong xrpusdshort xrpbtclong xrpbtcshort
XRP/BTC

XRP got rejected badly by the 50MA and descending trend-line resistance.
I don't think this current support area will hold as the strong bearish momentum puts the price down hard.
I'm looking at the next support area where I can place bids for Long entry provided there is confirmation of reversal bounce.
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