xrp between a rock (solid support) and a hard (resistance) place
xrp has been consolidating in the symmetrical triangle throughout the whole bullrun, held back by the sec news.
with the recent crypto drop xrp deviated from the shape and has now recovered inside.
most of the traded volume throughout 2021 has been below $1.10
for me id like to see xrp hold the current area (all beit a small dip below would be fine, and show support if brought back up), recover the mean and start tackling the monthly bearish orderblock from the sec news dump. a break of $1.55 will suggest a new ATH is on the cards.
with the recent crypto drop xrp deviated from the shape and has now recovered inside.
most of the traded volume throughout 2021 has been below $1.10
for me id like to see xrp hold the current area (all beit a small dip below would be fine, and show support if brought back up), recover the mean and start tackling the monthly bearish orderblock from the sec news dump. a break of $1.55 will suggest a new ATH is on the cards.
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