KingPenguinTrades

XRPUSD into $0.40

Short
Contrary to popular public bias and opinion, I visualize and anticipate XRPUSD to stoop into the $0.40 price region.

Adding in fundamentals of the SEC case not ending until near-November 2022; an explosive reaction is not expected until at-around-or after the SEC case is dismantled or completed.

Technical, multiple indications present themselves to support the much needed dive into liquidity of lower regions in order to supplement an increase of price to break ATHs or at least test them.

Currently, an early entry is held in drawdown and more are being entered currently with expectations to the downside shortly occurring.

Do your due diligence, this is not advise to sell nor buy. Good luck.
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