XPRUSD: Ripple - Do sellers become buyers soon?!
The XPR price dropped significantly last few hours. There are three big bearish candles that show that sellers were in control of the price. There was strong volatility today.
The price was less volatile last hour and it getting close to structure low at 0.88190. That is the strong support level, and it is expected that the buyer will step in on that area. Moreover, those sellers who are in control of the price last hours will lock their profits and give additional buying power to the price. Moreover, the stochastic is entering an oversold zone.
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The price was less volatile last hour and it getting close to structure low at 0.88190. That is the strong support level, and it is expected that the buyer will step in on that area. Moreover, those sellers who are in control of the price last hours will lock their profits and give additional buying power to the price. Moreover, the stochastic is entering an oversold zone.
- Follow & Comment -
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