As we can currently see the frustration in the market. But again with patience we will see an ATH+ with XRP
On the weekly chart we drew a zone from the previous support and as we can see the market is respecting the .90-1.00 range very well
From the previous push up to a $1.96 we can see it took that period nearly 5 days after touching that support twice.
We see the same pattern forming on my chart and right now we have to wait for a few things to happen
- SEC lawsuit to finally settle
- This weekly candle to close above the support line
- wait for the new weekly candle to start forming
- close above on the daily and 4 hour chart
- then we will proceed to retest or smash through the $1.96 on the way to the previous ATH of $3.96
The reason for the market crashing was due to greed... Over 750,000 traders got liquidated from this crash by over leveraging their positions... over 86 billion dollars have been liquidated in total from these positions.
Do not get greedy and play it safe.
but most importantly follow your trading instincts #XRPTOTHEMOON