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XRP looks bullish on the weekly. LastWeekly engulfing previous bearishcandle. Crossing over 200EMA after bouncingon the 50EMA. $0.5735& $0.5968 is not out of thepicture, and appears to be a liquidity zone justafter the equal highs/buyside of $0.549 A balanced price range sits from 0.55 to0.60.With a Consequent Encroachmentat $0.5733. I usually treat the CE as a battlegroundfor price action to find its equilibrium,but as we just broke higher time framebearish bias I believe if we trade throughthe CE of the BPR,that XRP will rally tothe next PD Array which I will considerthe 0.67 FVG on the weekly. Overall bullish on XRP for HTF. #XRP

XRP looks bullish on the weekly. LastWeekly engulfing previous bearishcandle.

Crossing over 200EMA after bouncingon the 50EMA.

$0.5735& $0.5968 is not out of thepicture,

and appears to be a liquidity zone justafter the equal highs/buyside of $0.549

A balanced price range sits from 0.55 to0.60.With a Consequent Encroachmentat $0.5733.

I usually treat the CE as a battlegroundfor price action to find its equilibrium,but as we just broke higher time framebearish bias I believe if we trade throughthe CE of the BPR,that XRP will rally tothe next PD Array which I will considerthe 0.67 FVG on the weekly.

Overall bullish on XRP for HTF.

#XRP

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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