EddieChaseFX

XRP Bear flag insdide Daily wedge. potential short.

Kort
BITFINEX:XRPUSD   Ripple
XRP is currently in a bear flag inside a Daily wedge testing and rejecting resistance on zone above. Potential short upon break of flag trendline support in confluence with .32500 support will bring it back down to .30
Possible longer term short to .21500 before the bull run. This is not to say that it can't still range for a while between .32500 and .30 before descending as there is still room as the Daily wedge nears its end point.
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