XRP was one of the few cryptocurrencies not going up despite the bullishness of the market. However, in the past four days, XRP price has exploded by 87%, reaching a high of $0.5544.
Big Chonis, a crypto mentor and trader, has just stated that there is a lot of euphoria around XRP, and a short looks good now.
XRP is facing short-term selling pressure after a massive rally
On the 12-hour chart, the TD Sequential indicator has presented a sell signal right as XRP price hit $0.558. The RSI has been heavily overextended since Nov 16, adding even more selling pressure for XRP.
Confirmation and validation of the sell signal could quickly drive XRP price towards the next support level at $0.426.
Read more from the original article:
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.