XRPUSD : could drop below 0.14$ soon

XRPUSD is trading in a downtrend channel on a Monthly timeframe.

XRPUSD rejected monthly resistance at 0.325$ in the Month of October and printed a bearish candle last month.

Bitcoin is bearish at this moment and could drop below 6000$ in the coming weeks, Bitcoin dominance could increase during bitcoin drop - which can also initiate a further drop in XRPBTC Value.

Drop in Bitcoin value, and XRPBTC Value could push the XRPUSD value down, and it may retest monthly support around 0.14$.

0.14$ acted as strong support for XRPUSD in 2017 When price managed to hold this support for six months.

Anything Below 0.14$ is a very good buy for XRPUSD for investment-wise.

As of now, a Very good chance for ripple to drop around 0.13-0.15$ area.