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Is $XRP finally done with this annoying sideways movement or is this just another fake move to trap us all?
Look at the daily candle. We just touched 1.38 but the rejection is already starting. The chart shows a pretty clear base forming around 1.30, but we need to flip this 1.40 area into support before anyone can get excited.
The volume is decent but not "breakout" level yet. We’ve been bleeding for 90 days straight down 33 percent so this little 2 percent green move today feels like nothing in the bigger picture.
If we don't clear 1.40 by the daily close, I expect us to just drift back down to 1.33 and continue this boring range play. The order book is actually leaning more toward the buyers right now at 58 percent so there is some demand down here.
I’m sitting on my hands until I see a solid close above the recent local highs. Don't let a small green candle make you FOMO into a resistance zone.
What's the plan? You guys buying this strength or waiting for 1.25?
#WCTCTradingChallengeShare8MUSDT