Hello Traders,
We may see a retest of the first major break-out point for XRP. A daily closure below the white horizontal support line will confirm a downward continuation. Otherwise, we may see a retest of the uptrend line currently broken downwards.
We should also keep monitoring how the SEC vs XRP legal case is unfolding as this may cause a major and significant upside as XRP continues to have the upper hand in the case.
Happy Trading
We may see a retest of the first major break-out point for XRP. A daily closure below the white horizontal support line will confirm a downward continuation. Otherwise, we may see a retest of the uptrend line currently broken downwards.
We should also keep monitoring how the SEC vs XRP legal case is unfolding as this may cause a major and significant upside as XRP continues to have the upper hand in the case.
Happy Trading
FINSPOT ACADEMY