๐ฅ $XRP before the vote in the US Senate: retest $1.3888 or a trap? ๐
The price has rebounded back to $1.3865, moving into a retest of the Bollinger Bands' midline. Tension is at its peak: tomorrow, September 15, the US Senate will hold a procedural vote on the CLARITY Act. Republicans have released the final 635-page text with strict ethical restrictions โ but the chances of the bill passing this year, according to Polymarket, have fallen to 13%, and Galaxy Research estimates even lower.
Trading volumes have surged to $125.3M USDT (up from $65M the previous day), and RSI(6) has risen to a neutral-bullish 53.8. The market is clearly preparing for a reaction to the vote result.
๐ฏ Trading setup:
Entry zone: $1.350 โ $1.385
Take Profit 1: $1.456
Take Profit 2: $1.700
Stop Loss: $1.315
Will the Senate give the market a green light, or will failure crush expectations? ๐
#xrp #Crypto #trading #BinanceSquare $XRP
The price has rebounded back to $1.3865, moving into a retest of the Bollinger Bands' midline. Tension is at its peak: tomorrow, September 15, the US Senate will hold a procedural vote on the CLARITY Act. Republicans have released the final 635-page text with strict ethical restrictions โ but the chances of the bill passing this year, according to Polymarket, have fallen to 13%, and Galaxy Research estimates even lower.
Trading volumes have surged to $125.3M USDT (up from $65M the previous day), and RSI(6) has risen to a neutral-bullish 53.8. The market is clearly preparing for a reaction to the vote result.
๐ฏ Trading setup:
Entry zone: $1.350 โ $1.385
Take Profit 1: $1.456
Take Profit 2: $1.700
Stop Loss: $1.315
Will the Senate give the market a green light, or will failure crush expectations? ๐
#xrp #Crypto #trading #BinanceSquare $XRP
