Possible XRP Correction?
Here we have XRP wanting to reject off the 1.60 - 1.69 area (resistance zone), very slowly.
This would mean that only small traders are involved. I wouldn't trade here.
(I also would not recommend taking any trades unless you see a valid confirmation! As there aren't any banks or financial institutions involved currently at this time.
When they are, you would see large candles, indicating they are actively trading.)
If XRP cannot break this 1.60 - 1.69 area, this can mean that it will keep making a corrective move towards 1.55 - 1.50
NOTE: Please do not take this as confirmation as buy/sell signal. This is my general idea and opinion on XRP's momentum.
This would mean that only small traders are involved. I wouldn't trade here.
(I also would not recommend taking any trades unless you see a valid confirmation! As there aren't any banks or financial institutions involved currently at this time.
When they are, you would see large candles, indicating they are actively trading.)
If XRP cannot break this 1.60 - 1.69 area, this can mean that it will keep making a corrective move towards 1.55 - 1.50
NOTE: Please do not take this as confirmation as buy/sell signal. This is my general idea and opinion on XRP's momentum.
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