In this analysis and update, I see that XRP price it's into this bearish trend and significantly it's crashing together with top major cryptocurrencies by coin market cap. So, I decide today in my past analysis by my iphone to put a short position to invest in short in XRP toward $0.28 cents.
Now, if you want to put a short position, you can to do it, and entry now as XRP will give us a nice opportunity to short!!! XRP it's in the 0.618% fibonacci level.
We're bearish in H8 timeframe, what mean that investor are selling XRP following by fundamental news what happen in this week in crypto-died.
I'm shorting Bitcoin, Cardano and XRP
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Remember, target at $0.2850 USD, and SL to $0.42 cents.