XRP is still looking for a new bottom, we couldn´t reach the 0.88 resistance. The last bounce was a normal healthy market green candle but now we are bearish
according to the market indicators, in the 1 hour chart we can see XRP is completing a small bearish pennant
, in case of breaking down the 0.80 momentary support XRP will fall to the 0.766 support that I´m looking for to bounce again, if it didnt show signs of life when touching 0.766, then is most likely to keed drowning to the 0.73 critical support, keep and eye in this two level. Whereas XRP is in a good price for
buy long term since is down 0.9 cents.
SHORT TERM: 0.766 BUY
LONG TERM: 0.88 SELL