XRP Falls 17% In A Month, But The Market Is About To ‘Trick Everyone,’ Analyst Claims

XRP (CRYPTO: XRP) is approaching a critical weekly support zone as one analyst warns that the cryptocurrency could “trick everyone” before its next major move.

“Bears Are In Control”

In a podcast on June 7, Mango Research, who earlier turned bearish on XRP, said the token was one of the first assets to signal weakness before the broader market selloff hit cryptocurrencies and equities alike.

The analyst admitted ignoring a bearish signal from her trading dashboard because she expected Bitcoin (CRYPTO: BTC) to continue higher, a decision she now calls a lesson in avoiding market bias.

Instead …

Full story available on Benzinga.com