$XRP has fallen for 9 consecutive days (9 bearish daily candles), with a decline of 22.59% over the period.
It’s important to distinguish two things: a losing streak reflects one-sided pressure that has already occurred; it doesn’t predict the direction of the next candle. The longer the losing streak, the more likely dip buyers are to be drawn in. A rebound will come sooner or later, but no one can say exactly when. Rather than bet on which day the decline will end, it’s better to decide on your stop-loss conditions first.
(Up 0.18% so far today.)
It’s important to distinguish two things: a losing streak reflects one-sided pressure that has already occurred; it doesn’t predict the direction of the next candle. The longer the losing streak, the more likely dip buyers are to be drawn in. A rebound will come sooner or later, but no one can say exactly when. Rather than bet on which day the decline will end, it’s better to decide on your stop-loss conditions first.
(Up 0.18% so far today.)