Would this scenario be the result of lawsuit drama, or something else technical to cause it?
XRP-Jonny
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@ElCucho, COULD BE... XRP has been supressed for SO long, there could be a massive spring, back test on the 200ma.
Honestly, $0.56 would take out a HIGH, and a potential indicator to the top...
XRP doesnt behave like crypto... its its own entity, chicken scratching the charts for irregular corrections....
I wouldnt put it pass XRP to ping the $1.77 mark to break the trend line indicating XRP is about to turn bullish by retesting the 200ma or the $0.21(wick).
im bearish until i see the $0.21 retest or the retest on the 200ma. Bearish doesnt mean im not going to trade the Bull Trap!! BRING IT ON!
ElCucho
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@XRP-Jonny, The RSI looks too high right now for a shot up, unless they shuffle it down under the sideways price action. Everything looks to be slipping around while the market prices in the hikes. Agreed XRP a separate entity, but the movers have to get their shit together (maybe they already have) on the macro before they can wrangle both hands on XRP. IM\humbleO. Keep up the good work!