XRP looks to consolidate in price before a drop
With the daily chart, you can see XRP turn bearish with the 50 Day EMA going to cross the 200 and join the 20 in a bearish sentiment. Bollinger Bands are showing convergence and price to hold steady for a short while before possibly dropping a bit in price. At this price level, I would stay out or short XRP based on what BTC was doing.
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.