1.3126 has stood for 16 candles. Older levels tend to carry more resting orders. The current 1H candle is on pace for 1.9x its 20-period volume. Breaks on real volume hold more often than quiet ones.
1.54% is all that separates $XRP from the 1.3126 level on the 1H. What I want to see: a 1H close above 1.3126, ideally on above-average volume.
If 1.2902 breaks first, this was just a lower high.
Context: the benchmark, $BNB, is -1.37% on the day, while $INJ, -2.82%, is tracking a similar path.
1.54% is all that separates $XRP from the 1.3126 level on the 1H. What I want to see: a 1H close above 1.3126, ideally on above-average volume.
If 1.2902 breaks first, this was just a lower high.
Context: the benchmark, $BNB, is -1.37% on the day, while $INJ, -2.82%, is tracking a similar path.