Do not let todays bearish movement scare you ⚠️⚠️

If you read my analysis I had a few days ago, you would’ve seen that XRP had to drop.

Remember, follow me and I will keep you updated.

So what happened today ?

We had ISM news , I won’t specify what time it happened, because we all live in different locations.

Yet if you look at technical analysis, price had to respect the trend it was going in 📈

If you looked on lower timeframes today , most people would have quickly jumped on a buy when they say price slightly breakout of the trend at $2.45
Lol, I’m part of them, silly me 😂

Sometimes it’s good to stick to your own analysis. Price rejected the trendline and sold of as soon as news hit. That’s why we saw a sharp drop in bitcoin as well. XRP will be bullish if BTC is bullish. If bitcoin goes down , XRP follows

A lot of market orders were attracted at the 1 day imbalance , so we had to reject trendline and sell off.

What to do now ? Should you buy ?

Well by the way things stand , I say no, but if you scared of FOMO, use SMALL lots in the fvg.

I have marked out 2 important zones traders should be cautious off.

Zone 1: 4h fvg resting within the 1 day fvg at $2.18

Zone 2: 4h fvg resting on the trendline at 2.05

The smart move would be to wait for the market to retest trendline and buy at that critical point at 2.05

However if the current fvg send us off flying , then wait for price to break trendline and push to the upside.

Trading in between will cost you unnecessary drawdown or even loss. Trust me , I felt that today.

Anyways , this is my own personal analysis, Do your own research!

Will keep you guys updated

#xrp

XRP update

Good day XRP warriors.

Update on my Analysis I sent out yesterday

Price is heading towards our 1 day Buyside Imbalnce.

Good area to open long positions for a long term buy , would be 50% of the buyside FVG and the 0.382 level.

So by $2.26 and $2.22
This area would be a nice pull back by the market which would create more momentum for price to push back up.

Be on the lookout for this critical zone. If you miss it today , you might not get something like this again.

#XRP

Good day XRP enthusiasts 🫡

My XRP overview :

My Fib tool was dragged using last months candle stick.

This highlighted key area in which price needs to overcome before we can’t shoot and create new ATH.

Key price areas to look at:

1. 0.5 level at $2.4775
Price is likely to see some minor resistance at this point.

2. Sell Side OB at $2.55
Price is likely to sell off coming back below the 0.5 level. Hopefully there is enough momentum at that price range and price will drop to $2.34 Buyside FVG
1 day chart .

3. Good buy zone and long term trade ,
Buy at $2.34 .

This is a great area to go for long positions, price is likely to retest the previous downtrend trendline , but fail to come back in. Then it will push upwards.

Thus holding long term long positions until we hit targets of:
ATH : $3.26
Previous month high at : $2.9
Potential highs at : $4 , $6 and $10