$XRP FLIRTING WITH $0.6 AGAIN đ
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Is $1 knocking on the door this time?
The bulls are seemingly coming back in action with that prolonged sideways movement this week. In fact it was really getting a little boring again.
Interestingly with no. of hodlers increasing, the price refused to retrace. It has respected the Bullish FVG in the best way possible and we are finally seeing the results. That trendline was broken above but went through a retest the very next day falling inside that FVG box.
But the rebound from that trendline was strong enough and the stability was ensured by the consolidation. In fact this entire week, every single day the price has closed above $0.58 and this speaks the story. A story which is going to be different this time.
As of today the price took support on the FVG box and managed to break above $0.6 and stay for a while. As it faced multiple rejections in the past this is a crucial level to look for.
So, I'd be super bullish once it breaks $0.64 and closes above it. Obviously a retest will occur and on a successful completion it's good to go towards glory. đđ„
* This is not investment advice. Please do your own research before taking any trade.
