$XRP update
If you inverse the chart over the last 6 weeks, you'll see a perfect 3 drive pattern, a very accurate reversal setup in crypto
We can see a HL has finally formed which can hint at the first sign of a trend change developing
Bulls needs to regain the monthly rVWAP around $2.22 and that would be the shift for a rally back towards ~$2.50
Orderbooks are clear, if there was a time, it's now for this trend to shift
If this setup fails, acceptance under $2 is next and the end of year is ugly
$XRP update
I haven't been updating much as honestly nothing meaningful has happened here yet
My focus is on regaining the monthly rVWAP which has failed to hold for hold for nearly 2 months
That will send us back in the $2.40s which would make this chart look much better and have signs of a trend change
The orderbooks are also clear as can be, so whoever stays aggressive up here will win
We do not want to see anything under 2$ again, that would sound the alarm the year long range might be ending
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