$XRP - the previous analysis worked perfectly.
The weekly and monthly charts indicate that the price has already completed its decline.
However, the daily chart still points to a possible level of 1.3364.
On spot, light buying by large accounts.
On Smart Money, the long/short ratio is 59%, and the average entry for shorts is 1.34. ;) Unrealistic, or late shorts.
In other words, the shorts from the day before yesterday with entry 1.52 ... have basically already been closed.
Will we see a reversal?
The weekly and monthly charts indicate that the price has already completed its decline.
However, the daily chart still points to a possible level of 1.3364.
On spot, light buying by large accounts.
On Smart Money, the long/short ratio is 59%, and the average entry for shorts is 1.34. ;) Unrealistic, or late shorts.
In other words, the shorts from the day before yesterday with entry 1.52 ... have basically already been closed.
Will we see a reversal?