XRP/USDT : Not a good time to buy

16 Apr 2021

XRPUSDT
Hello everyone 😃

XRP is moving below a bearish trendline, How ever it's seems like a pennant.
Also Indicators are overheated on high timeframes.

It's not recommended to take long position for XRP right now.
By the way, MA 50 has reached movement and it's trying to support movement !
So it will cause a retest on bearish trendline and then major target will be next support zone around 1.5$...

🔴 Any 4H closes above bearish trendline will change direction !
BTC is at support line, so we might see a little bullish recovery on market after current dive.


Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
Helical_Trades