XRP has seen a correction after very strong parabolic increases. This is a very healthy sign for further gains. As expected (evidence in previous analyzes) the level of 0.27-0.32 turned out to be the key where I expected a supply reaction due to overlapping strong resistance. XRP gathered so much energy that it broke through this resistance without a moment of stopping. The drops were caused by BTC which fell by 15% in 1 minute.
The next move is as follows. If it is confirmed and we see a rebound from the falling line, it will be a signal for further very strong gains. Therefore, now is an important moment to decide what will happen next.
Now we are waiting for confirmation
Previous Ta:
Note
After testing the relegation line and stopping there, XRP has a chance to continue further increases towards $ 0.5 as it was planned.
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