Two clear distribution channels on the daily timeframe that have harmed a lot of retail investors FOMOing in.
Scenario 1: XRP continues its trajectory in the downward distribution channel, potentially dumping to the downside at any time
or
Scenario 2: Reversal of downwards channel with price trending upwards for an extended period on the daily (most likely in the bottom half of the upward channel)
Scenario 1: XRP continues its trajectory in the downward distribution channel, potentially dumping to the downside at any time
or
Scenario 2: Reversal of downwards channel with price trending upwards for an extended period on the daily (most likely in the bottom half of the upward channel)
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