XRP / TetherUS

$XRP (DAILY): THE key 200 MA being TESTED from below

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XRP has been fighting HARD TO RECOVER some of its lost value after topping out at $3.67 in JULY.

The #XRPArmy is bloody but not yet beaten, it seems, trying to reclaim the all-important (fat green line, 200 MA just above the GOLDEN POCKET) BEAR/BULL line in the sand.

So, the $2.6~ zone is a pivot level, a long-term horizontal resistance/support level, #XRP MUST close above to flip the MARKET Structure BULLISH.

The worst part of a correction may be finished for now, yes, but this is still a heavy RESISTANCE AREA, not to mention a HIDDEN BEAR RSI divergence flashing.

So, in a nutshell:

1) either a strong show of INTENT to push the price above fib 0.5 ($2.78) in order to continue upwards and toward the BEAR Liquidation zone ($3.05+)

2) or a rejection in the current zone, DAILY CANDLE CLOSES below the 200 MA and further bleeding towards $2.28.

For now, a BEAR MARKET coin until proven otherwise.

💙👽

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