Ripple Back Down to pre Coinbase Listing Announcement
After the recent announcement of XRP token in Coinbase Pro platform created some whipsaws, XRP is once again falling back down the pre-announcement levels.
Bearish Signs:
Can’t seem to break upward trend line.
Can't seem to hold the 20 or 50 daily moving averages.
Price currently, breaking below minor channel lines support.
Bullish Signs:
None of the price action is on heavy volume.
Oscillator showing divergence, suggesting double bottom is forming.
Bearish Signs:
Can’t seem to break upward trend line.
Can't seem to hold the 20 or 50 daily moving averages.
Price currently, breaking below minor channel lines support.
Bullish Signs:
None of the price action is on heavy volume.
Oscillator showing divergence, suggesting double bottom is forming.
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