After what seems like forever, XRPBTC is getting down to what appears to be do-or-die time. Sitting at 2655 sats as we speak, it's on the uptick, but is facing major resistance. I expect it to continue up for a short period, touch the TMA mid-band, or extend towards the double top of the previous wick and reverse back down to double bottom territory.
XRPBTC...
After the rejection off of the upper trendline, as well as the upper TMA channel band, I expect Bitcoin to retest the TMA mid-band around the 7400 area. We may get front run from the plethora of order blocks at the 7700-7400 range, so I will be layering orders down with a stop below the bottom wedge trendline.
I would not put it past Bitcoin to retest the...
