We have already tested several times the support of 570's we might now have used up all of the buyers support there and might start a downturn without any support until 500.If we closed just below the ichimokou cloud, we might have confirmation of a new downturn in the short term. I'm opening a Short position, trying to catch the move, but keeping a tight stop to...
Shorting XRP:USDT as it's both under the 100 MA on the 1HR and under the Ichimoku cloud. Also, we had a small plunge on the SP500 so we might have another COVID dump pretty soon in the stock market, that would mean coins like XRP would suffer a sharp sell-off. XRP really does not have a strong volume to back this range and I firmly believe we are on the...