XRPUSD (Ripple) – Week 4 – Correction for more down
The fundamental weekly sentiment for Ripple is bearish, taking into account the SEC’s lawsuit against the company in December 2020 and the expected first trial that will take place in February 2021.
Technically , XRP is making a big consolidation that is expected to break lower at some point and retest the March 2020’s low. When that price is reached we are seeing a great investment opportunity.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Technically , XRP is making a big consolidation that is expected to break lower at some point and retest the March 2020’s low. When that price is reached we are seeing a great investment opportunity.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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