alpergucer

XRPUSD downtrend channel resistance will hold or not?

Inline with the bearish movement of BTC, XRP is also going the down. According to my trend analysis, we are athe the edge of the trend zone. The question is will XRP hold and resist? Tell you the truth, I don't know. MACD and STOCH gives indications of a bear run. If XRP cannot resist, a possible retraction to 0.57 USD may occur. Let's wait and see.

Please note that this is my opinion. Please trade according to your own decision.

Comments are also more than welcome.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.