Ripple XRPUSD M Formation
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Hello Traders,
XRPUSD seems to have formed an M and that now trading is looking for a retracement towards the POC ( orange line on the chart ).
We will see in today's closing if it will have the strength to break the highs of the previous days but it seems weak like all the other cryptos. Often, in the crypto world and actually in all the assets, when the index or the dominant asset tends to go down/up, the others follow, so it could be a false movement.
Follow the market not try to predict it.
XRPUSD seems to have formed an M and that now trading is looking for a retracement towards the POC ( orange line on the chart ).We will see in today's closing if it will have the strength to break the highs of the previous days but it seems weak like all the other cryptos. Often, in the crypto world and actually in all the assets, when the index or the dominant asset tends to go down/up, the others follow, so it could be a false movement.
Follow the market not try to predict it.
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