Discount moment? Today, a bearish movement in lower timeframes of 1H and 4H was manifested in the indicators of ADX/RSI/SAR/MACD.

$XRP still being very weak especially on its 1hr chart, after a series of three Bear Divergences and currently the hourly RSI is in a bearish mode after crossing below 50 (48.1 now).

Do not hate me again and don't call me an idiot, or challenge to leave Binance forever, cause I turned out to be right again, and these comments under my last XRP post look like circus just one day later, with too many clowns👽.

Long-term bullish, medium-term bullish, short-term...

Weak momentum, falling volumes, breakdown from the Rising Wedge in action, targetting $2.91.

This level had previously been hit from below after the Rectangle breakout was completed. To me, this is enough of a confluence to have that $2.90 zone on my radar.

Speaking of $2.91, $XRP 's Daily timeframe also highlights this zone due to December's swing high and on top of that it is Fib 0.382 Retracement level after the latest explosive move.

A lot of confluences, so that's what I'm watching either for a retest, in order to top-up my long position, or a breakdown below, prefferably with a retest from below, to fully exit my leverage long on this and maybe even on $HBAR - we will see. You do you, keep your longs until $100 per coin, for all I care, 💙👽.