XRP has now had 4 daily candles close above the fair value gap. LTFs this is seen as the only area that was not filled during the last impulse wave. This is also the third time touching the bottom trend line. Although, the top trend line only has 2 touches, meaning there needs to be a third touch before anything else happens. XRP has also had a change of character, breaking the high made on April 29th and coming back down to retest it.
.45 to .55 is a range where there are large voids above and below. Once .55 breaks and holds .70 will be easy. Re evaluation will come in at those prices. After that is where things will get real fun.
Higher lows are still continuing to form, as well as higher highs. Although previous high was market as a double top, which there is always there is liquidity right above this level, and usually stands as a local high, soon to be broken.
.45 to .55 is a range where there are large voids above and below. Once .55 breaks and holds .70 will be easy. Re evaluation will come in at those prices. After that is where things will get real fun.
Higher lows are still continuing to form, as well as higher highs. Although previous high was market as a double top, which there is always there is liquidity right above this level, and usually stands as a local high, soon to be broken.