Xrpusdshort
XRP Sell into a rally.Ripple - Intraday - We look to Sell at 0.798 (stop at 0.816)
Daily signals are bearish.
Rallies continue to attract sellers.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Bespoke resistance is located at 0.800.
Our profit targets will be 0.751 and 0.741
Resistance: 0,780 / 0.800 / 0.820
Support: 0.760 / 0.740 / 0.720
Trading opportunity for short position XRPUSDTin the XRPUSDT chart, there is a trading position based on technical analysis factors for Short, including the breakout of Uptrend, And then we can expect the price to fall to the first and second supports zone
I hope it will be profitable for you ❤️
Please support our activity with your likes 👍 and comments 📝
Short it on 0.68 to 0.74 zoneIts simply a fake break out to make an exit opp for big buyers.
Time to short and say good bye for next months.(after court results) which probably would take another 5 months.
*Forget what people targeting (4 5 10 100 598 usdt) xrp team hire many people , makes animation, hide what they doing by calling Banks behind xrp,
the sad facts
1. that ripple needs to sell 100 to 200M xrp to pay the employees and need motivation stories to find buyers
2. The only top coin which could not take 2018 position is xrp
3. Chart is a BIG h&s which can drop price under 0.1 easily
Ripple- 0.7, a good place to sell shortAfter the recent 0.55 low, Ripple has found support and, like all crypto market is in a correction.
This correction can be a good opportunity for speculators to join the trend and sell this rally.
A good place for this can be 0.7 resistance with a target towards 0.5 important support.
Sustained buying above 0.7-0.75 would negate this scenario