XRP is disappointing
Hello everyone!
So for today, concerning Ripple is actually no good news
The second largest crypto totally gave up to the pressure of relentless attacks by bears. XRP was trying to not fall down and keep a brave face when all other cryptos were drowning. Unfortunately, it did not last long and following the rest he went to the bottomю
XRP/USD is down more than one percent on day at $0.354 and near low point of the day (22/12).
Falling prices coupled with falling RSI, rising bollinger bands range and falling MACD, all signal that the trend has turned down and has some more pain left in this downleg. First major support in this downmove is at $0.329 where 21 days SMA is placed and then lower towards lower end of the bollinger bands, $0.267 on the daily.
So, could not say any good predictions as XRP became total outperformer about that and I believe it will continue to fall, expecting the price range of it $0,360518- 0,2906
So for today, concerning Ripple is actually no good news
The second largest crypto totally gave up to the pressure of relentless attacks by bears. XRP was trying to not fall down and keep a brave face when all other cryptos were drowning. Unfortunately, it did not last long and following the rest he went to the bottomю
XRP/USD is down more than one percent on day at $0.354 and near low point of the day (22/12).
Falling prices coupled with falling RSI, rising bollinger bands range and falling MACD, all signal that the trend has turned down and has some more pain left in this downleg. First major support in this downmove is at $0.329 where 21 days SMA is placed and then lower towards lower end of the bollinger bands, $0.267 on the daily.
So, could not say any good predictions as XRP became total outperformer about that and I believe it will continue to fall, expecting the price range of it $0,360518- 0,2906
Penafian
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