Anyway, compared to some others, XRP' did a small step yesterday. Most are above the 0.34 level of XRP'. Does not have to mean anything yet though. That on the left looks legit, so if we see that one break, we should see an attack on the 0.34 zone. I think if yesterday's high breaks, the 0.34ish will also break. I think the 0.36 zone is much more important. If that level can break, we could start to think this potential formation is real. So there is a very long way to go, but i have drawn it already so we can be prepared in case we see more movement coming weeks. There is nog yet for XRP', but i think it might start to show if that breaks.
Short term level can be seen on the right. The 2 green support have to hold. The blue neckline support is the difference between bear and bull.
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It's still all above support zone, but it is good to be prepared here. Because XRPBTC just broke a small support again and the yellow are rejection is also a bad sign.
So XRP really needs to improve coming days and play catch up compared to the rest of the market, otherwise it is more likely to assume, something else is going on here with XRP.
The current bull flag from the middle has to succeed, otherwise it will be very likely that the blue trend line on the left will break. If that happens, could be the bears will take over. If the bull flag does work out, we could see an acceleration up as well and do the catch up i mentioned.
It just doesn't make any sense to me, it made a big pump 2 weeks ago, dropped and another pump 2 days ago and now looking so weak, while the rest of the market is in good/decent shape. If this blue support line breaks, it will most likely drop more. But very conflicting at the moment, because if that support breaks, it would mean the rest of the market will drop as well.