this type of movements generally aren't predictable and always ends bad too many people buy because they are missing the opportunity and at the next day the same people see how the money that they put disappear . lines traced by fibonacci : 1.618 / 2.618
all that cryptos and more has the same pattern that means we need to be prepared for another possible crash like in june or may . Don't forget we are in a recession
link , the largest decentralized oracle isn't passing for his best moment , and the same for crypto in general the technical analysis indicates weakness from the bullish and dominance of the bearish personally i don't recommend open a futures trade because this is a weekly chart and the volatility didn't let you , is recommended to find the trigger in the daily...
the weekly chart for xrp doesn't look good 1: its down to the most important area of negotiation and the price was rechazed in that zone 2:we are still in the bear market 3: we are starting a recession and too much things to add
In 4h chart we are in an important resistance if someone wants to open a short position it would be in this zone and the stop between 790/815$ isn't an investment recommendation
in the btc history the button on the bear markets was in the last months of the year or the beginning of next and for that the buttons on this bear market will be in november of this year or january of 2023 and with the plus of the economic situation in the world is very probably this bear market can extend more time