XRP has been on a downtrend since late last year. Any corrective move has been countered strongly to the lower side. For the past few months the price has been rallying below 1.000, and as long as the price is below this level, we expect nothing but a possible momentum to the lowerside. According to the chart attached, we’re basically waiting for a break below 0.25359 to confirm further rally to the lowerside with an ultimate target at 0.23000. If this target is broken, then further rally downwards is expected.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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