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Is it just me or is $XRP getting ready to surprise everyone again?
We’ve been stuck in this choppy range between 1.35 and 1.45 for a while now. Every time it looks like it’s going to tank, the buyers step in near that 1.28 level and push it back up.
Right now we are hovering just under 1.40. The volume is looking a bit dry on the daily, but the fact that we aren’t seeing a massive selloff after that rejection at 1.51 is actually a good sign. It’s consolidating.
If we can finally flip 1.42 into support, I think we see a quick move back to test those recent highs. The order book is looking pretty balanced but slightly tilted toward the buyers.
Patience is the name of the game here. Are you accumulating in this range or waiting for a clean break?
##FedHoldsRateButDividesDeepen