XRP/BTC 50-EMA crosses under 200-EMA
Short-term outlook is bearish due to the EMA crossing to the downside. XRP is currently sitting at a support of 6800 sats, but if this breaks it's a hard fall down to 5200.
All you can really do here is start slowly scaling into a long position to avoid getting wrecked. When XRP does make a run up, it's fast and violent.
All you can really do here is start slowly scaling into a long position to avoid getting wrecked. When XRP does make a run up, it's fast and violent.
Penafian
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