$XRP falls below the 30-day low: current price 1.1957, previous low 1.1991.
After the breakdown, watch two things:
· Whether the previous low of 1.1991 turns from support into resistance (and price fails to reclaim it on a rebound)
· Whether trading volume picks up on the break; a break on low volume may be a false breakdown
Share your prediction in the comments, and we’ll check back in a few days.
After the breakdown, watch two things:
· Whether the previous low of 1.1991 turns from support into resistance (and price fails to reclaim it on a rebound)
· Whether trading volume picks up on the break; a break on low volume may be a false breakdown
Share your prediction in the comments, and we’ll check back in a few days.
