As previously mentioned: https://bittubers.com/post/ce8a5912-0c07-432e-ab29-dd92734c00cd
When XRP broke the Trend line and fell below the 50 EMA the chances of a Bearish playout have significantly increased. The Confirmation came in when the Price re-tested the 50 EMA and got Rejected.
-Soon after the Rejection, the Price has fallen sharply resulting in a 13% drop
-XRP had a nice Bounce from the 0.25$ level and was able to push back up above 0.2675$ and found Support around this area
Currently, we are looking at a possible Bear-Flag formation which is a Constitutional Pattern so the Price could be heading back down again.
Will XRP Recover? Leave Your comments down below.
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