XRP

Ripple (XRP) has been bearish since January of 2018. After finding a bottom at $0.11 price on the Weekly TF has then gone on to make HH (higher highs) and HL (higher lows), as well as breaking the Weekly bearish trendline to the upside. Upon breaking the Weekly TF trendline price has then retraced back into the descending trendline of the Weekly, after failing to continue to make HH and HL and hold the weekly bearish trendline as support. Price action has also then gone on to retrace the Weekly trendline breakout candle while at the same time breaking back into the Weekly bearish trendline while still consolidating around this level on the Weekly I am watching price to show indication of a potential breakout to the upside following the Weekly Divergence that is to play out in which price action is making LH and LL where as the Mac-D is making HL and HH.

If price fails to rebreak the weekly descending trendline to the upside then ill be looking for price to then make its way back down to the Weekly lows of $0.11 where I would watch the Monthly to tell when the volume will start to come in for the new Bullish impulse leg.