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XRP / Bitcoin
Short

TA on XRP/BTC

By Trader_hao
Did a TA on XRP against BTC. I think XRP is overbought/overvalued right now because the market cap went up significantly within a short period of time. That said, it went below the consolidation point at the end of the triangle. Right now, I think its highly volatile and XRP price is very dependent on the PR/news releases right now. Being overvalued, I would recommend exiting at least half of the positions if you are holding any and let the other half roll potentially.
BTCBTCUSDChart PatternsETHETHUSDHarmonic PatternsrippleripplebtcTrend AnalysisxrpXRPBTCxrpusd
Trader_hao

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