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Technical analysis by MarketMotives about Symbol XRP: Sell recommendation (1/13/2025)

https://sahmeto.com/message/3163340
MarketMotives
MarketMotives
Rank: 32888
0.8
Sell،Technical،MarketMotives

The chart speaks for itself. Odds are incredibly in the shorts favor. With over a quarter billion in shorts at current highs, it seems more likely that we get a draw down, like last cycle, before new highs are made.

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$2.45
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