Xrp is going to have to make a choice on where it wants to go.
1. Overall trend is down ( trend is your friend)
2. Option 1 is we go straight down and hit the bottom of a demand zone
3. Not to mention the head and shoulders too. A lot of bearish confluences
4. We have bullsih divergence on the daily and 4 hour at the bottom of a bearish bat ending on the .50 cents mark which is huge. this could break either way.
an engulfing candle or close, break and retest would be something to watch for
1. Overall trend is down ( trend is your friend)
2. Option 1 is we go straight down and hit the bottom of a demand zone
3. Not to mention the head and shoulders too. A lot of bearish confluences
4. We have bullsih divergence on the daily and 4 hour at the bottom of a bearish bat ending on the .50 cents mark which is huge. this could break either way.
an engulfing candle or close, break and retest would be something to watch for