YMI

XRP- Stop Sweep?

BITFINEX:XRPUSD   瑞波幣
After rejecting the $.325 Major Pivot XRP sold off and stopped out many long positions with stops below the $.32 level. However XRP found support on the hourly trendline at the $.315 region. I believe the move was likely a stop sweep for further liquidity before making the next leg to the upside. If that is the case the $.35 weekly resistance is in play with a breakout higher....and the $.29 support level if it breaks $.31

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