XRP Update Daily TF Sept 22
XRP has been on a tear & is up +43.87% since its local low of $0.31 on Sept 7.
Things to note:
- Major resistance @ 200EMA $0.48
- Smashed into bear flag resistance channel
- 9EMA looking bullish
- Major liquidity zone & resistance
- RSI in OB territory. Could go higher but be careful
I sold 30k XRP @ $0.44 because, even if it does go on to test the 200 or 300EMA, I ultimately see it coming down to the $0.13 - $0.20 area before the bear market is done.
Let's see how it plays out. As always, focus on the charts, block out the hype, and listen to LeMan.
Things to note:
- Major resistance @ 200EMA $0.48
- Smashed into bear flag resistance channel
- 9EMA looking bullish
- Major liquidity zone & resistance
- RSI in OB territory. Could go higher but be careful
I sold 30k XRP @ $0.44 because, even if it does go on to test the 200 or 300EMA, I ultimately see it coming down to the $0.13 - $0.20 area before the bear market is done.
Let's see how it plays out. As always, focus on the charts, block out the hype, and listen to LeMan.
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