So the market has bounced back after a big fall, Ripple has been struggling to break the blue resistance whole day long and has now followed the trend down the last couple of hours.
If it continues down we can see a double bottom or a new low, if not and it breaks the blue resistance line then we are probably back in the bull market.
If it continues down we can see a double bottom or a new low, if not and it breaks the blue resistance line then we are probably back in the bull market.
Comment:
The idea of a double bottom or lower still stands as XRP is not moving anywhere and some movement to the top side is real low.
Comment:
So the trend seems to continue as predicted, if there is now good news that comes out we can see a downward trend continue.
Comment:
Keeping this idea short aiming for the 90c level.