XRPUSDT is currently in a strong downtrend as show by the red line of the hull suit indicator.
We have a very bearish kumo twist right ahead in the ichimoku cloud, further signalling a continuation of the downtrend.
Also, there seems to be a bear flag pattern forming in the last few days.
Considering all this, and XRPUSDT past performance, I'm betting for a short-term DUMP that will put us in the 0.6 to 0.3 range for a while.
We have a very bearish kumo twist right ahead in the ichimoku cloud, further signalling a continuation of the downtrend.
Also, there seems to be a bear flag pattern forming in the last few days.
Considering all this, and XRPUSDT past performance, I'm betting for a short-term DUMP that will put us in the 0.6 to 0.3 range for a while.
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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.