TradersProfitClub

Ripple DEATH CROSS Forming! What Does This Mean For XRP?

Short
BINANCE:XRPBTC   XRP / Bitcoin
Ripple XRP is currently forming a death cross with it's moving averages (when a lower moving average goes below a higher moving average) which is a very bearish technical indicator. If we were to take a closer look, the RSI is showing resistance at 40 & has already breached this level to the downside (very bearish). This in combination with a lack of buyer volume leads me to believe we will see some downward momentum soon to our next major support level of around 7630 Satoshis.

💯Join our 20,000+ discord members for daily updates: discord.gg/profits

💰Get 24/7 trade alerts from nearly a dozen 7-figure traders in the crypto, forex, and stock market www.tradersprofitclub.com/make-profits
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.