$XRP just got REJECTED near 1.5443 after that big push up... đ
Look at that huge green candle â then a big red one that erased almost all of it.
That long upper wick shows sellers stepped in fast. THIS REJECTION COULD MATTER.
Volume spiked on both candles, so this move was not quiet âĄïž
Price now sits around 1.5161 â RSI has dropped to around 38 after being up near the top.
Notice how momentum flipped? Buyers lost control right at that peak.
Bullish scenario: if price holds around 1.5104 and reclaims 1.5226 â another push toward 1.5348 is possible. đ
Bearish scenario: if 1.5104 gives way â watch 1.4982 next, then 1.4887 where the recent low is marked. đ
Now the interesting part... the wick near 1.50 shows buyers reacted there once already. Let's see if they defend it again.
Next level to watch is 1.5226 above. A clean break and hold above 1.5443 would invalidate this rejection idea đŻ
Follow for more chart analysis đ
Look at that huge green candle â then a big red one that erased almost all of it.
That long upper wick shows sellers stepped in fast. THIS REJECTION COULD MATTER.
Volume spiked on both candles, so this move was not quiet âĄïž
Price now sits around 1.5161 â RSI has dropped to around 38 after being up near the top.
Notice how momentum flipped? Buyers lost control right at that peak.
Bullish scenario: if price holds around 1.5104 and reclaims 1.5226 â another push toward 1.5348 is possible. đ
Bearish scenario: if 1.5104 gives way â watch 1.4982 next, then 1.4887 where the recent low is marked. đ
Now the interesting part... the wick near 1.50 shows buyers reacted there once already. Let's see if they defend it again.
Next level to watch is 1.5226 above. A clean break and hold above 1.5443 would invalidate this rejection idea đŻ
Follow for more chart analysis đ
