$XRP is sitting around $1.03 and the $1.00 line is getting close. Today's low on Binance was $1.0164 as the whole market slid after the Nvidia CEO news.
Checking yesterday's call: I said $1.00 is the line and stayed bearish while under $1.09 — that still holds. XRP has printed seven straight red daily closes, today is red so far, and price is about 21% under the Nov 4 close of $1.305 on Binance.
My view through Sunday, Nov 15:
- Daily close back above $1.06 and I'd watch $1.09 to $1.10 for a relief bounce.
- Daily close under $1.00 and I'd expect a quick flush, with $0.95 as the next round number on my radar.
Lean: still bearish. I'm wrong if XRP closes back above $1.10 on the daily chart.
Fear & Greed is at 28, so panic selling near round numbers is normal. Not chasing either way.
#XRP #CryptoMarket #BinanceSquare
NFA
Checking yesterday's call: I said $1.00 is the line and stayed bearish while under $1.09 — that still holds. XRP has printed seven straight red daily closes, today is red so far, and price is about 21% under the Nov 4 close of $1.305 on Binance.
My view through Sunday, Nov 15:
- Daily close back above $1.06 and I'd watch $1.09 to $1.10 for a relief bounce.
- Daily close under $1.00 and I'd expect a quick flush, with $0.95 as the next round number on my radar.
Lean: still bearish. I'm wrong if XRP closes back above $1.10 on the daily chart.
Fear & Greed is at 28, so panic selling near round numbers is normal. Not chasing either way.
#XRP #CryptoMarket #BinanceSquare
NFA
