XRPUSDT continues to lean towards the bears
XRPUSDT Trading Strategy:
Today, XRPUSDT continued its downtrend, currently hovering around $0.5482, marking a 1.42%% decrease on the day.
Personally, I still lean towards a bearish outlook, as the price is still below the limit of the rising channel.
As long as this price channel remains unbroken, XRPUSDT is likely to face continued selling pressure. Keep an eye on the $0.4800 area, above which the price will drop significantly.
Today, XRPUSDT continued its downtrend, currently hovering around $0.5482, marking a 1.42%% decrease on the day.
Personally, I still lean towards a bearish outlook, as the price is still below the limit of the rising channel.
As long as this price channel remains unbroken, XRPUSDT is likely to face continued selling pressure. Keep an eye on the $0.4800 area, above which the price will drop significantly.
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