Recovery is showing through the major alternative currencies.
It rallied $XRP from 1.4517 and returned near 1.49.
$SOL defended the low of 112.52 and recovered toward 114.55.
$UNI also responded strongly from the recent-period low and regained 9.00.
This is a positive reaction after the correction, but confirmation is still needed. If these currencies continue to form higher lows and reclaim their last resistance levels, the recovery could turn into a stronger upward move.
At the moment: the rebound has been confirmed, but a full bullish reversal has not yet been confirmed.
It rallied $XRP from 1.4517 and returned near 1.49.
$SOL defended the low of 112.52 and recovered toward 114.55.
$UNI also responded strongly from the recent-period low and regained 9.00.
This is a positive reaction after the correction, but confirmation is still needed. If these currencies continue to form higher lows and reclaim their last resistance levels, the recovery could turn into a stronger upward move.
At the moment: the rebound has been confirmed, but a full bullish reversal has not yet been confirmed.
