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Technical analysis by bartekhl about Symbol XRP: Sell recommendation (10/28/2022)

https://sahmeto.com/message/2681338
bartekhl
bartekhl
Rank: 10467
1.4
Sell،Technical،bartekhl

Although XRPUSD showed some impressive gains latest month, it is clear we are approaching a cool off period now.On the chart, its more than clear we have a major 24W cycle ruling the price movement of this crypto.we have topped at the middle of this cycle at $0.55, but recent days confirmed we are approaching a local low, which may be quite dramatic and below $0.40. We should see the bottom around 28th Nov 2022. Stay safe!

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$0.46061
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