Perfect bearish bat pattern formed (1hr candle) + 0.618 retracement (daily candle)
XRP rallied really good up to 0.618 retracement (0.525) in daily candle chart from the previous high (062435).
Now XRP is doing distribution in my opinion in 1hr candle chart and I'm expecting to go down from 0.618 (0.495) ~ 0.886 (0.5157) to all the way down to 0.3 area.
Stop loss should be 0.525