XRP/USDT - Pump & Dump Now Again Dump???
As we are looking again at the XRP coin, we see a potential movement to happen here to lower zones. After that nice Pump & Dump session we had on XRP, thanks to fake news, we broke many levels and filled some FVG gaps as well.
Price is showing some potential weakness as we approached the local support/resistance zone so we are looking here for further weaknesses to kick in, potentially breaking that lower support and moving further down!
Swallow Team
Price is showing some potential weakness as we approached the local support/resistance zone so we are looking here for further weaknesses to kick in, potentially breaking that lower support and moving further down!
Swallow Team
Comentário:
After monitoring this one for the last 10 days, we have seen a lot of things, starting with a nice breakdown and also the price teasing that 100EMA as well. The price remaining below the 100 EMA and the resistance zone, which is a bearish indicator for us, further confirms the breakdown we had.
We are still keeping an eye out for that lower support zone to be reached near 0.535, so let's see how this week we will be moving on the XRP.
After monitoring this one for the last 10 days, we have seen a lot of things, starting with a nice breakdown and also the price teasing that 100EMA as well. The price remaining below the 100 EMA and the resistance zone, which is a bearish indicator for us, further confirms the breakdown we had.
We are still keeping an eye out for that lower support zone to be reached near 0.535, so let's see how this week we will be moving on the XRP.
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Breakdown happened and currently we are seeing a nice re-test happening as well which seems weak as of now!