Given the fact of the expected SEC decision today, we see a lot of uncertanty in the market.
For now it looks like the .80 support holds and XRP stays in the uptrend channel.
Divergence on RSI, also overbought on 1hr.
Positive news regarding SEC could take us through the resistance line at least toupside of the trend channel.
Dropping out of the channel would open doors for more downside.
For now it looks like the .80 support holds and XRP stays in the uptrend channel.
Divergence on RSI, also overbought on 1hr.
Positive news regarding SEC could take us through the resistance line at least toupside of the trend channel.
Dropping out of the channel would open doors for more downside.