XRP/USDT | Potential Downward Movement 🚀🚀🚀
Technical Analysis:
Starting by the higher time frame the price is ranging between two strong levels which are the support and resistance @ 0.6387 & 0.3672 USDT respectively. The price is showing a downward movement and posted recently a correction count. On the lower time frame, the price broke the trendline and formed a double top which might lead to a move downward to the 0.4121 mark.
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Trade Idea:
Sell Limit Order @ 0.4673
Take Profit @ 0.4121
Stop Loss @ 0.4908
Trade Safely 🙂
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