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Technical analysis by Silverbacked_Gorilla about Symbol XRP: Sell recommendation (4/6/2025)

https://sahmeto.com/message/3391752
Silverbacked_Gorilla
Silverbacked_Gorilla
Rank: 31169
0.7
Sell،Technical،Silverbacked_Gorilla

We just bounced (convincingly) off the mean average price established over the last 10 days and we are currently accelerating further down as I write this. I am short this area, it has already moved into profit so I will trail this to it's conclusion.I think there is a high degree of likelihood we retest the swing low of $1.95 based in the continuing trend on the 1D chart.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$2.09
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