BlacksmithShinobi

XRP Bearish short term, Bullish long term!!!

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BITFINEX:XRPUSD   リップル/米ドル
Just following up on yesterday's post.

1) I noticed the shooting star (Did you) on the weekly closing, this is a cause for concern for the bulls.
2) We currently got rejected from the major resistance that's been acting as support for the longest time, so breaking through that will require much effort! (godspeed to anyone going long right now).
3) Refer to previous post on price action.
4) We are likely not to go to $0.40 (elliot wave) right away, but it is inevitable and possible after we bounce off $0.20.

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