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cryptovatsik
Feb 22, 2024 6:49 PM

Ripple flush then reclaim range EQ - Game On Long

XRPCRYPTO

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XRP has been ranging, like it or not, for the past few months. Blue range high and low signify the parameters price has respected and I do not expect this to change.

What I would expect, is a potential flush into the deman zone (green) preceeding a push up to the mid-range with a reclaim and push to the range high.

This is contingent on the fact the altcoin market, as a whole, remains steady and relatively strong ie: no BTC/ETH cap events.

Ripple loves flushing the lows before pumping, so this is a cautious play I am watching. The more optimistic scenario is we don't flush into green and simply continue this trend up the the range eq and highs.

Time will tell, price current making a decision on the local S/R in red.

Stay frosty.

Vatsik
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