Aggressive sell off after retesting the weekly open. $xrp has been giving clear signs of its intentions over the past few weeks. It's been caught in a range with aggresive moves up and down.
I believe the market is shaking out the weak before a big move.
I'm of the opinion 0.22 will still be met.
Price is moving down on a hunt for liquidity, the blue box is where I think price will bounce. (0.18 - 0.1820)
I believe this is where the swing higher will occur.
If price continues past the blue box it the "previous low" will be the next target.
I still have 75% of my position, I will pull out 50% at 0.18
I will leave 25% in case the whales are done with their distribution. (I doubt though)
I believe the market is shaking out the weak before a big move.
I'm of the opinion 0.22 will still be met.
Price is moving down on a hunt for liquidity, the blue box is where I think price will bounce. (0.18 - 0.1820)
I believe this is where the swing higher will occur.
If price continues past the blue box it the "previous low" will be the next target.
I still have 75% of my position, I will pull out 50% at 0.18
I will leave 25% in case the whales are done with their distribution. (I doubt though)
