$XRP : The Resistance Did Its Job
I marked this resistance zone at $1.55 Level, and #XRP rejected it perfectly.
First came the liquidity wick above resistance, then aggressive selling pushed price nearly 20% lower.
Technically, XRP is still NOT in a confirmed bullish era. Until we get a clean breakout and weekly acceptance above the current high, correction remains possible.
Long term, I still see $10 as possible. But IMO, the time isn’t here yet.
If this high holds, $0.90–$0.70 could be the next major downside/accumulation zone.
Breakout or another lower low? What’s your view?
I marked this resistance zone at $1.55 Level, and #XRP rejected it perfectly.
First came the liquidity wick above resistance, then aggressive selling pushed price nearly 20% lower.
Technically, XRP is still NOT in a confirmed bullish era. Until we get a clean breakout and weekly acceptance above the current high, correction remains possible.
Long term, I still see $10 as possible. But IMO, the time isn’t here yet.
If this high holds, $0.90–$0.70 could be the next major downside/accumulation zone.
Breakout or another lower low? What’s your view?
