$XRP short PRRRINTING. At crucial support, G-pocket next, likely
2025-02-02
Category: None

CRYPTOCAP:XRP  short position  printing nicely, I'm just posting the updated charts with one addition on the 4-hour chart.

RSI has entered oversold territory (below 30), and seems to be forming a Double Bottom precisely where I expected the last line of Defense (cluster of support: 200 MA, Fib 0.5 and the ascending trendline).

Losing this means that the Golden Pocket should get revisited next, to put it simply. That's my TP2.

How much lower could  CRYPTOCAP:XRP  fall short-term, that remains to be seen.

Monitoring this altcoin collapse instead of resting, not a great way to spend a Sunday👽💙