XRPUSDT UPDATE

5 ביולי 2022

XRP is testing a beautiful supply zone in with multiple confluence's - since the most recent bearish move which broke below multiple lows, the market has followed with a correction as we would expect- the retracement is currently testing the 0.786 fib and i am expecting to see the continuation to the downside and the market to sweep the floor (EQL lows) that the price has created from an intraday perspective. For entry confirmations i would like to see a spike to the upside to clear any liquidity of early shorts and induce bulls into the market - we will be monitoring PA on the LTF for one of our valid entry confirmations