CryptoHotep

$XRPUSD | Downtrend To Previous Major Support

BITSTAMP:XRPUSD   리플
Took another short to catch this window with XRPUSD. I think a good opportunity here to capture this downtrend to the next major support zone as the previous closed UNDER the 20MA successfully. Also with RSI in the middle, you can look to September 18th timeframe but the difference there is XRPUSD had the 20MA, 50EMA and 200EMA to bounce off of. This time, this is not the case and has already broken one. A safe take profit is at the next short term support highlighted by the lower blue line.

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