XRP & Bitcoin, What Do They Have In Common?

15 oct

What we are seeing happening with Bitcoin is not reciprocating across the market. It is surely not present on the XRP chart.

If Bitcoin goes bullish, as in the extension of a bullish move towards new highs, we would see this reflected across the rest of the market as extreme bullish action.

Here we are looking at XRPUSDT and we see no such bullish action.

We can see EMA144 working as resistance and a move back below MA200 on the daily timeframe. XRPUSDT bearish bias remains intact and a lower low is expected as shown in a previous analysis.

I will consider several other projects and develop this idea even further.

Thank you for reading.

Namaste.