The 4th quarter closed higher than the previous quarter.
On a monthly basis, the imbalance is being respected.
And on a weekly basis, the 50% Fibonacci level is also being respected.
So, if during October we see the XRP price move into the monthly imbalance zone... It will show signs of reversal... whether it's a breakout or a change in structure on lower and medium timeframes... But above all, if it manages to regain the upper part of the imbalance... Then I expect XRP to reach prices above $3 again.
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Email: [email protected]
Telegram: @luisstout
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Exchanges/Brokers I use:
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