Looking for a sell on XRP. Ideally would like to see a retest of .24 region, before a rally to break .76 and up to 1 - 1.07.
Comment:
We should see a correction forming now on the 1hr. A break of the low in the correction will confirm more downside. The alternative view, is we are seeing the first wave of a lager correction play out before a final push higher. I am leaning more towards downside from here.
Comment:
just to add: we have seen large bullish volume on the breakout candle. The pullback looks more corrective then a new impulse to the downside, so the bullish case is valid. Although I am still leaning towards continued downside from here.
Comment:
the bearish argument seems to be playing out. Look to complete this small correction and then down
