XRP/TUSD ANALYSIS (short term)

Dec 12, 2019

Hi traders :) I'm Guario and here is a forecast about XRP/TUSD possible future price action. As we can se from the chart the price is forming a descending channel finding a strong 50 period MA resistance in the last 20h. The crypto has also just bounced off the volumetric level of 0.220904 giving us a bearish signal. I suggest to set your entry order below the 0.217350 support level. Look at the chart for possible stop and target. Write me in the comment for any question thought or critic. Good luck :)