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Ethereum

ETHUSD, XRPUSD - BEARISH DIVERGENCE SUCCESSFULLY WORKED OUT

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ETHUSD, XRPUSD - BEARISH DIVERGENCE SUCCESSFULLY WORKED OUT

On these 2 graphs you may observe ethereum and ripple declining after strong bearish divergence showed up on both of these instruments. Here, the bearish divergence proved to be a success. In both cases the price has almost reached first targets: 3,500.00 for ETHUSD and 3.00000 for XRPUSD.

What will be next?
It looks like downwards correction still persists and we may observe some deeper than now decline with possible targets of 3,000.00 for the ETHUSD and 2.60000 for the XRPUSD.

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