We are seeing a rejection, in the exact same faction as it happened back in late July...
Good afternoon my fellow XRP trader, I hope you are having a wonderful new Moon day.
The same price range, resistance, that produced 'rejection 1' is also producing 'rejection 2'. This is very interesting.
MA200 was there in the way last time but XRPUSDT cut through it without problem, we expect the same scenario to repeat. There is very high volume and strong bearish momentum. This is going to go down and it is going to happen fast. It is the same all over again.
The main support levels for this drop can be seen on the chart.
Thank you for reading.
Namaste.