I drew this up in class yesterday. We will see a bullish move today, to clear a divergence around .925 then it will continue bearish down to clear .70.
XRP is looking bearish and could potentially break out of consolidation and clear a bearish continuation divergence around .70. But it could always breakout and create an even higher bearish continuation. I have a buy and sell stop setup with SL in the middle of the consolidation.
Xrp has cleared the Hidden bearish Divergence on the 1hr with a wick. There is a Hidden Bullish Continuation Divergence on the 4 hr that has to clear $2.