Black Friday saleUp to 70% OFF
XRP

Bull trap or trend reversal?

By Skybontal
Updated
Second support held well. But tooo early to tell whether a trend reversal is coming. If 100MA resistance (orange) is broken, then we might see the first signs. As for now, this oulook is still bearish.
Note
Bear trend continues with with a failed test of 100MA resistance. We'll see how Asia and Europe take the Moneygram news.
Order cancelled
Trend Analysis
Skybontal

Disclaimer

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.