Just as expected $XRP saw a local top at around $2.7 area where the 2YMAx5 line currently sits, now trading at $2.4.
This doesn't mean that it's over for Ripple since in bull market the 2-Year MA Multiplier indicator predicts overbought areas, which aren't always the macro cycle tops.
So what's in store for $XRP? Going lower to the $1.7 area—which is in confluence with the previous ATH and 2YMA EQ line—and then another wave higher?
➡️ https://www.tradingdigits.io/2year-ma-multiplier