$XRP Before it was one of my favourite coin,but now I am tired of scrolling chart and seeing everyday .

Trading in a conververging trangle pattern and forming lower lows and lower high the price of xrp is correcting in daily chart.

There is a chance of breakout or breakdown both side and the volatility may decrease with time till breakout.

position : Do nothing watch and see.

trend - semi downtrend or neutral.

Almost 50%corrected from top.

correction is gud but the incomplete pattern makes be afraid.

correction may continue for 1 month.untill then watch and see mode.

key levels to watch

R - 2.58880

s- 1.6129.

Those who hold this coin maintain a stoploss below 1.6129.

This is just a simple anlysis that I prepare just for learning. Through this post I don't recommend any coins for any particular investment or purchase.Plese do research before subject to any investment.I hope this post will help you .Happy trading and investing.