On daily Chart of ripple, price closed with a shooting star, and a bearish bar formation right now, together with dead cross of MACD, hints the start of further downside movement.
Target set to 0.1715, and further downside prevails if break the support zone below.
Komentar
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Nice short, heading to target, take profit gradually.
I really doubt about it, when it was in supported zone, it bounces back, I don't see XRP going back to those levels... of .1715 AT ALL!
Trader-VincentH
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@YepMario, it only demonstrate a kind of sinario, we cant guarantee 100% the predictions. And there won't be proper trade opportunities when u have already seen xrp going back at the supporting levels.Apparently it shows a good risk-reward ratio just at this moment regardless of its real situation.