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Wait till you see where the buyers are hiding on this one.
$XRP is moving like it’s stuck in mud right now. We had that massive spike up to 1.60 back in March, but since then, it’s just been a series of lower highs.
Looking at the current daily candle, we are sitting right at 1.33. This area is becoming a bit of a battleground. The volume is okay, but nothing to write home about yet.
If we can’t hold this 1.32 level, I’m expecting a quick slide down to test the 1.25 support zone. On the flip side, if the bulls wake up and push us past 1.40, we might actually see some life again.
I’m staying patient. Forcing a trade here is a good way to get chopped up. Let the market decide its direction first.
#GateSquareAprilPostingChallenge