On the way to the almost non-stopping fall of XRPUSD to the "platform" at $ 0.25 is the last support level at $ 0.65. The rebound-consolidation that has begun will most likely be limited to $ 0.90 - that’s where the fast moving average of the daily chart is and that’s good place to open short positions. The maximum is the slow moving average (today it’s $ 1.16) Every day, both averages are reducing more and more, "pressing" the rate lower and lower ... Until the crossing of moving averages will give a buy signal, further decline is more likely. And with a breakdown of $ 0.65, we are likely to have an equally dramatic collapse to $ 0.25, as the previous amazing growth from $ 0.25 to $ 0.9 within three days in December last year. Sell.
@FernandoMocer, Man, idk about that. Looks like another bull trap.
We've been having a fair number of pumps these days. Perhaps that will strengthen the downtrend even more.
I am a strong believer that it will hit .223.
FernandoMocer
⋅
@Aurelius22, today I believe so so I cut my lose and sold. Going to wait for that