Update on XRP

XRP is currently following the first leg of our predicted path (see linked idea)... This is an area where I might normally look for an entry. There appears to be bullish diversion and seller exhaustion, *however* there is still a lot of negative pressure (likely due to the broader selloff in the market). For now, I'm adjusting my expectations to be more bearish in the short-term. We may see a slight bounce here, but I believe the negative pressure will keep us from breaking the next resistance line until, perhaps, we revisit the major support line.

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These are my personal views and not financial advice. Please do your own research before investing.

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