XRPUSD - RIPPLE EFFECT -- UPDATE, MY HUMBLE OPINION
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XRPUSD has made moves down. as per my last analysis, we expected XRPUSD to hit the red line with a possible move back up. this move is still possible but i feel we might see it fall a bit more.
With BTCUSD and ETHUSD making major falls in price, i think we will get one more price break to the downside.
It is important to note that when major moves about to occur the main movers cause a lot of panic in the market. the pessimism in the market has caused a lot of people to panic sell.
anyways if it breaks the red line i would be looking around xrpusd 0.34057 for next support.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.