Ripple (XRP) Falling Wedge
Ripple (XRPBTC) is now trading within a falling wedge, which is a bullish pattern but...
Its price is below EMA10 with bearish indicators.
There can be more bleeding before prices bounce/reverse and start to go up.
The next important support, the 0.786 fib. retracement level, is clearly marked on the chart.
The next resistance is marked with red.
Namaste.
Its price is below EMA10 with bearish indicators.
There can be more bleeding before prices bounce/reverse and start to go up.
The next important support, the 0.786 fib. retracement level, is clearly marked on the chart.
The next resistance is marked with red.
Namaste.
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