XRP Short-Term (Support Levels Shown)

2 Okt 2024

We are seeing a rejection, in the exact same faction as it happened back in late July...

Good afternoon my fellow XRP trader, I hope you are having a wonderful new Moon day.

The same price range, resistance, that produced 'rejection 1' is also producing 'rejection 2'. This is very interesting.

MA200 was there in the way last time but XRPUSDT cut through it without problem, we expect the same scenario to repeat. There is very high volume and strong bearish momentum. This is going to go down and it is going to happen fast. It is the same all over again.

The main support levels for this drop can be seen on the chart.

Thank you for reading.

Namaste.

23 Okt 2024

Trade aktif

We are about to witness the resumption (and continuation) of the bearish move mapped on this chart. It is very likely that lower, mid-term support levels, will be tested on this drop. The 5-August low or lower can be tested.

31 Okt 2024

Catatan

I keep looking at the chart but there is nothing to report. If you are looking for an update, here it is: the bearish bias remains intact. XRPUSDT continues aiming lower.