XRPUSD I am on team bear from now on. If it's going to rip here, it means we are entering longer correction
no matter how it looks like in silly 5 min chart, the weekly, daily all have massive bearish divergences and death crosses, short term moving averages have crossed down and long term are way down below that they need time to catch up to provide support so yeah. Time to shelf the dreams of 5$ and beyond it would seem
XRPUSD no strong bounce even though it touched the trendline. I guess it's going to rip all the way to 2.50$ as I thought. Maybe even lower.
weekly will definitely close red this time and overall this kind of close points at correction as we have bearish divergence on the weekly now. That plus massive bearish divergence on the daily and it's about to cross into bear territory so yeah
I don't consider longing until I see bullish divergence on the daily after it becomes oversold because once this trendline rips, there will be massive panic selling no doubt
XRPUSD this is the more bullish outlook, see how price action develops. im biased to another leg lower, but we may see an up move after that, so a slight hybrid of the two outlooks I've posted. tradingview.com/x/KfQsOrKj/