⚡️Alright so you guys already know what's been up for the most part and basically XRP has had this morning Jog up to new highs once again which is absolutely wonderful, it's way better than Bitcoin too when the two are compared and the correlation has grown very much apart in the past few days no doubt.
⚡️I see Ripple reversing down from the high we're at right now of course as you need healthy retracement, you can't simply go up and up, the higher up you go without stops here and there, the harder the fall so we definitely want to see some form of a retracement, that's why it'll be important to watch that 200 and 100 EMA's on the 1 minute chart as that's likely gonna tell a lot ahead of time and give a pretty good indication as to when things start to reverse so watch for that.
⚡️Gonna leave the idea here for now but watch those markings I've got as we can definitely come back down to that 0.395 mark and there we'll need to do another retest of support before moving back up should that play out. The Federal Reserve's statement yesterday was the .75% as expected and is likely what has helped prop prices up as it has alongside much of the market moving over to the crypto sector seeing the gain's crypto has pulled amongst the market, especially XRP which has been leading the pack in the past few days in gains. Especially with the news that both the SEC and Ripple are looking to settle things and an end is in sight and near.
⚡️Anyway, that's the morning's jog of the day, if you'd like to leave a like or follow it'd be much appreciated of course, thank you. Simply providing whatever I can, as best as I can.
~ Rock '
⚡️I see Ripple reversing down from the high we're at right now of course as you need healthy retracement, you can't simply go up and up, the higher up you go without stops here and there, the harder the fall so we definitely want to see some form of a retracement, that's why it'll be important to watch that 200 and 100 EMA's on the 1 minute chart as that's likely gonna tell a lot ahead of time and give a pretty good indication as to when things start to reverse so watch for that.
⚡️Gonna leave the idea here for now but watch those markings I've got as we can definitely come back down to that 0.395 mark and there we'll need to do another retest of support before moving back up should that play out. The Federal Reserve's statement yesterday was the .75% as expected and is likely what has helped prop prices up as it has alongside much of the market moving over to the crypto sector seeing the gain's crypto has pulled amongst the market, especially XRP which has been leading the pack in the past few days in gains. Especially with the news that both the SEC and Ripple are looking to settle things and an end is in sight and near.
⚡️Anyway, that's the morning's jog of the day, if you'd like to leave a like or follow it'd be much appreciated of course, thank you. Simply providing whatever I can, as best as I can.
~ Rock '
