【XRPJPY】If not supported around 33 yen, it will fall into an abyssal swamp

In the post on August 5th titled “Towards the Triangular Central Level,” I noted that the focus should be on which side—up or down—the fight would begin from the center of the large daily descending triangle. In reality, on August 7th it touched the lower support line and easily broke through it. Since then, a pattern has emerged where prices continue to move downward along the Bollinger Band at minus 2 sigma. The current level around 33 yen corresponds to the high established in the latter half of 2017. If a rebound cannot occur here, it seems we may step into a bottomless swamp with no support candidates.