Two days $XRP sat on 1.15 like nothing was going on. Then last night one 4h candle took it straight through to 1.093, biggest volume on the chart all week.
Now its just drifting 1.10 to 1.12. The bounce attempt was weak honestly, sellers still leaning on it.
For me 1.093 is the line today. Lose that and I'm not trying to catch anything, 1.05 area is the next spot I'd look at.
Back above 1.15 and that whole flush was a trap. Under it, still heavy with both EMAs pointing down.
Now its just drifting 1.10 to 1.12. The bounce attempt was weak honestly, sellers still leaning on it.
For me 1.093 is the line today. Lose that and I'm not trying to catch anything, 1.05 area is the next spot I'd look at.
Back above 1.15 and that whole flush was a trap. Under it, still heavy with both EMAs pointing down.
