XRP / TetherUS PERPETUAL CONTRACT
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XRP range - price sitting on support

645
XRP seems to have established a range here with price now close to the bottom of the range.
Also possible ascending channel with price reacting to bottom of channel.
Also seeing these possible flags/descending channels with price consolidating downwards with a good possibility for a reaction around these confluences.

Invalidation is below the lower support for the range with maybe a little room in case of deviation.
交易進行
XRP price fell through support along with the rest of the market.
Price wicked into the next support level down (618 fib).

Remains to be seen if there is a test of this level.
Waiting for bullish structure to print on lower timeframes however macro trend is still bullish.

快照
註釋
Still in this, looking for a retrace back to 2.2-2.4. Maybe 20-22 May.
快照
註釋
Also added another target at 4.48 based on fib ext 1.618

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