XRPUSD has been rejected since the last report on a new Lower High line on the 1D Channel Down (RSI = 39.106). The downtrend has still not accelerated as MACD = -0.011, Highs/Lows = -0.0085, B/BP = -0.0352 are all close to zero values. I expect however the bearish pace to pick up if the 0.42412 support emphatically breaks (blue dotted line). 4H is on a very healthy Falling Wedge (RSI = 35.375) and our TP for Ripple intact: 0.4100 and 0.35277 in extension.
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.