Ripple 
$2.97‘of XRPBitcoin in the second half of the year 
$124,154.60Although accompanying every ascension, the hills he recorded are gradually remaining below. Lower High in Technical Language In other words falling hills This sequence, known as the receiving appetite points to the fall. Coindesk Analyst OMKAR GodboleAccording to the structure, the structure creates fragility that can accelerate the decline on the XRP side in a possible retreat in Bitcoin. Cryptoappsy According to data, the last hill recorded at $ 3,10 was below September hill ($ 3,19). Altcoin The horizontal $ 2,65-2,70 band stands out as critical support. The deepening of the weekly MACD histogram under zero is the second element that confirms the negative momentum.
XRP’s frightening graphic structure
XRP Coin Since July, he has faced loss of power in the trend because he has produced a hill under the previous one in his upward attack. The continuation of the formation increases the likelihood of accelerating sales at the time of breaking. Godbole points to the horizontal support of the $ 2,65-2,70 line. If the Dülen Tepe series continues, the door can be opened to a deeper correction towards $ 2.00.
In order for the scenario to invalidate the price side, the hill of $ 3,10 must be exceeded with a high volume. Otherwise, each response sales that become closer to horizontal support may bend the risk-influx balance downward. In Godbole analysis, a similar falling peak production in mid -August was seen during Bitcoin’s record attempt.
What does the MACD indicator say?
Weekly Macd The histogram went down to the zero line last month and revealed the loss of momentum numerically. The deepening of the rods below zero suggests that sellers have accelerated and that the reaction increases may be limited. Although it does not determine the direction of the trend alone, this indicator gives a warning that overlaps with the price structure.
Volume confirmation stands out for the stability of buyers in the micro structure of the market. Persistence above $ 3,10 will not only be a threshold that will trigger the rise, but also a validity test that eliminates weak hands. Otherwise, chain liquidation risks may come to the table in the support break and downward acceleration may be experienced towards $ 2.00.
