giltwenty

XRPBTC SHORT

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BINANCE:XRPBTC   XRP/Bitcoin

Big technical combination picture here

We have a double top with a bearish engulfing on the daily which subsequently broke support and the 20 ma.

The weekly trend has come back to the middle band and is now forming a bearish engulfing candle.

The bears coming on on XRPBTC on a weekly and daily time frame is not a good sign. XRPUSD however is a different picture.

I expect xrp to probably get down to the last support line and we might get some RSI divergence here on the weekly and it could be a buying op at that point we will see.

muchos gracias.
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