SiriusTrading

XRPUSD - RIPPLE EFFECT -- UPDATE, MY HUMBLE OPINION

KRAKEN:XRPUSD   XRP
XRPUSD has made moves down. as per my last analysis,
we expected XRPUSD to hit the red line with a possible
move back up. this move is still possible but i feel
we might see it fall a bit more.

With BTCUSD and ETHUSD making major falls in price, i
think we will get one more price break to the downside.

It is important to note that when major moves about to
occur the main movers cause a lot of panic in the market.
the pessimism in the market has caused a lot of people to
panic sell.

anyways if it breaks the red line i would be looking around
xrpusd 0.34057 for next support.

happy trading guys

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