After a massive bull run
XRPUSD
started selling off and is already down by 30% from its all time high.
All the indicators show negative cycle, the price might get some support at 2 - 2.2 levels and if the price breaks that we can see some more bearish movement. Look out for divergence in MACD for reversal signs,
Possible entry levels are at 1.4- 1.6 levels with stoploss at 0.90 and target at 2.60.
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XRPUSD
started selling off and is already down by 30% from its all time high. All the indicators show negative cycle, the price might get some support at 2 - 2.2 levels and if the price breaks that we can see some more bearish movement. Look out for divergence in MACD for reversal signs,
Possible entry levels are at 1.4- 1.6 levels with stoploss at 0.90 and target at 2.60.
Follow me for more analysis
Likes and comments are welcomed