DocAMG

XRPUSD at the cross roads again...

KRAKEN:XRPUSD   Ripple
XRP is in a very tricky situation at the moment. We are crossing 200 SMA which has been very resistant for the past few months. We are also close to the top of the downtrend channel. A close above will be very bullish, however rejection at this level can bring us down and we will probably make a lower low. We will know in the next few days.

Good luck and this is not financial advice. Trade at your own risk
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