Needs to break above .52 to begin a new uptrend.
Breaking below .485 could send us towards .45 then .40.
I even can see a case for a retest at .33-.34 in a worst case scenario.
However, if 2017 taught anything is once XRP begins to climb a short strategy is a quick way to get rekt. The true short trade was weeks ago in the .70c region.
Certainly there will be pull backs with volatile opportunities but in regards towards the macro trend I think the party is far from over.
2021 year of global change.
Cash is trash. "They" said it not me.
Breaking below .485 could send us towards .45 then .40.
I even can see a case for a retest at .33-.34 in a worst case scenario.
However, if 2017 taught anything is once XRP begins to climb a short strategy is a quick way to get rekt. The true short trade was weeks ago in the .70c region.
Certainly there will be pull backs with volatile opportunities but in regards towards the macro trend I think the party is far from over.
2021 year of global change.
Cash is trash. "They" said it not me.