$XRP
He isn’t trying to break out right now...
He’s testing for the first time the barrier that could determine the whole move.
The price is back above 1.40 after a strong bounce from 1.29, but at 1.43 clear sell liquidity started to appear.
For the upside to continue, we need to see real acceptance above 1.44–1.46 with trading volume supporting the breakout.
Then testing 1.50 would be logical.
As for a pullback below 1.39–1.40, that would turn the scene into a fresh rejection.
The difference right now isn’t the strength of the bounce... the difference is XRP’s reaction at the barrier.
Does anyone see something else besides what I’m saying?
$XRP
He isn’t trying to break out right now...
He’s testing for the first time the barrier that could determine the whole move.
The price is back above 1.40 after a strong bounce from 1.29, but at 1.43 clear sell liquidity started to appear.
For the upside to continue, we need to see real acceptance above 1.44–1.46 with trading volume supporting the breakout.
Then testing 1.50 would be logical.
As for a pullback below 1.39–1.40, that would turn the scene into a fresh rejection.
The difference right now isn’t the strength of the bounce... the difference is XRP’s reaction at the barrier.
Does anyone see something else besides what I’m saying?
$XRP