XRP spiked 12% to lead majors, then faded. The price is already back between the EMAs.
That move hit $1.70 before settling at $1.46 – a textbook wick. Sellers are parked. RSI is flat at 51, no help.
This wasn't a new leg up. It was a liquidity hunt, clearing shorts. The tape is clean, but price is stuck under the EMA20. $1.48 is the only level that matters.
Reclaim $1.48 and highs are back in play. Lose the EMA50 at $1.37, and this was just another failed breakout.
$XRP $SOL
That move hit $1.70 before settling at $1.46 – a textbook wick. Sellers are parked. RSI is flat at 51, no help.
This wasn't a new leg up. It was a liquidity hunt, clearing shorts. The tape is clean, but price is stuck under the EMA20. $1.48 is the only level that matters.
Reclaim $1.48 and highs are back in play. Lose the EMA50 at $1.37, and this was just another failed breakout.
$XRP $SOL