DISCLAIMER: I am not a financial advisor. All contents on this blog are solely my own personal views and for Cryptocurrency Trading education/entertainment purposes only. Cryptocurrency Trading is very risky. Losses can exceed deposits. Enter with discretion.
Good Wednesday to all! Again this was supposedly out last night but I got so busy with a lot of things in mind. Please pardon!
Anyways, this technical report for May 4, 2021 is about my personal speculation for a major correction for both the Bitcoin and especially the XRP where the latter needs one last dip before gearing up in green territory.
But a daily close above 1.56 for May 5, 2021 can change the tables. Anything can happen.
Here's the full explanation in video:
Investors and retailers alike are losing confidence from a dwindling legal battles between the US Sec and Ripple knowing the fact that I heard rumors of upcoming news this May 6.
The lack of fresh buying power or buy volumes can send the XRP to retest 1.34 with the crypto leader Bitcoin still having problems with itself in which it is back on bearish trading.
Bon voyage XRP!
Always remember to read my disclaimer above.
Once again, I do hope that you have enjoyed reading my article. I am confident that I have delivered today's technical missions.
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God bless you all my fellow XRP loves. I will continue my work.
God speed.
