Why: - Descending triangle - Below 55EMA and Kumo - WT and MACD bending down. - Decreasing Volume - Target is previous support
Why not: - Bullish Divergence on the RSI.
Not
It might actually move up before moving down. The Bullish Divergence on the RSI might be strong. However, in the long-term XRP will go down and retest previous support. So I will wait for a breakout either way.
Not
And it did indeed move up. Reminds me to trust RSI move. Although it could have also been BTC's moods wings pulling LTC up.
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