And here we another time with xrp. Like i said two days ago xrp broke the 0.4 zone and it's going down to the 0.3 zone. As you can see from the chart xrp broke the triangle in brown and went down really hard and it is now sitting at 0.35 usd. Anyway, for me this triangle isn't the most important information of the chart. The most important thing is that we broke the trend line in blue and this is why xrp crashed so hard! Now, pay attention on the rsi. As you can see in the daily chart xrp is oversold at the moment, and this is why it can goes up for a bit now, but if we look at the weekly (i'll post it later) the rsi isn't so bad and it isn't oversold and this is why i think that we can see a little correction in the next days; but in the mid-long term we will go lower for now. Anyway, as i said XRP at the moment is really really down and all you need to do is AVERAGE DOWN!! Do not stay focused on find the perfect dip because it can happen that you will fail and xrp will reverse! this market is heavily manipulated so buy everyday a bit portion of this one and when it will go up to the math, if you've bought at 0.35 or 0.34 or 0.3 or even 0.28, it will not make all this difference!
For now it's all, have a good day and see you later guys!!
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/Users/Lorenzo/Desktop/Schermata 2018-08-08 alle 11.07.08.png
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ops sorry guys i wanted to upload the weekly image, but i made some mistakes! Anyway if you will see the weekly rsi you'll see like we are more room to go lower to my 0.28 USD target region!
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