XRP weak and bearish

Apr 5, 2020

When I look at XRP/USD chart, I see nothing bullish here. This bear flag is much more bearish than any other big cap alts. In case BTC dump, XRP will follow. Therefore I recommend to short it from ~0.18 zone down to 0.1740 at least, while 0.1625 look like a nice support for a bounce.

Support: 0.1740 - 0.1625 - 0.1480
Resistance: 0.1875 - 0.1925 - 0.2040

Apr 9, 2020

Note

XRP got some bullish volume, and hit last resistance I've mentioned in original review. Its a strong one, so the price stopped here. Now much more chances for a dump, unless BTC decide to make some bullish roller coaster show.