XRP/USD [4H] And also nothing unexpected from XRP. We kept saying that we will continue to go down, and that is unfortunately what we did for all the bulls out there! We swept a lot of liquidity, and rejected a strong support zone and then like BTC and ETH, went fiercely into red, bears making major moves in the day. TLDR: We expect price to go into support, slightly reach and continue to go down. Short scalps are legit at this point still, but be careful. Careful trading
XRP/USD [4H] After reaching our initial bearish target number one, we believed XRP had some potential to make a bigger bullish comeback, however after global bearish pressure in the Crypto market it's clear that the bullish pull-back is most likely finished, and that we are ready to make another higher low towards 2.60$ XRP. From here one it's more realistically to see bulls fight back as it's a major resistance area. If you are scalping shorts, now is the time to engage on those opportunities TLDR: We are going down towards 2.60$ XRP most likely, as bulls have been too weak to push higher. We will further monitor price in the coming day(s)
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