Wednesday 30 December 2020

XRP Breaks the Floor - Now What

XRP breaks the floor... now what? (Can bulls save XRP?). XRP drops and makes fresh lows after the recent bounce. It has now broken and closed below its rising uptrend line and fallen below support. Could this signal the start of a major downtrend and a long term bear market? Or is there a possible bullish scenario that we can consider? In this video we shall look at possibly the last chance that bulls may have at saving XRP from falling into a long term downtrend. We look at the charts. TA Video by Alessio Rastani.

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