Although the xrp supply is big and some big guys are dumping their coins in the market (non stop) i can not ignore the current state of the altcoin market in relation to XRP.
🥏For the newcomers to technical analysis: in contrast to 90% of TV analysts, I have built up a skill set through 1000h+ chart time and mentorship from major names in the scene that has...
although i think xrp has more upside potential in comparison to all majors LTC shows big strength too.
We see a reclaim auf a major resistance level that got rejected 2 times. With the information that price does not want to go lower and and try to reclaim that level again it should make a clean higher high from here.
possible reversal
-> diagonal break
-> back in the range
-> HH within Range
conservative = Daily Close above Supply Zone
aggressive = anticipating HL around lower grey zone
![XRPUSD: 🌋 XRP [Ripple] Top - Down Analyse by TraderBRO](https://s3.tradingview.com/a/aU0t6rvo_mid.png "🌋 XRP [Ripple] Top - Down Analyse by TraderBRO")
