BigLava

XRP holding at support

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BITSTAMP:XRPUSD   瑞波幣
Currently XRP breaks rising wedge just as predicated in my last idea. RSI was over bought in the higher timeframes but the correction past few days could make up for that gap.
Now looks like more selling volume is occurring. Still in my short position from 0.61.

We can expect XRP to fall more if local support can not hold (dotted red line)


Initial XRP setup:



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