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Everyone is waiting for the big pump, but did you notice the trend shift on a daily basis?
$XRP is looking a bit heavy right now at $1.3705. We had a decent run up toward $1.50 recently, but we just couldn't clear that resistance and now we're seeing lower highs.
The support at $1.2787 is the line in the sand for me. If we lose that, things could get ugly fast. Volume is decent at nearly $98M, but the sellers are definitely in control of this current range.
If we can consolidate here and hold above $1.34, there’s a chance for a bounce back toward $1.45. Otherwise, I’m just sitting on my hands and waiting for a better entry.
Are you guys still holding or starting to hedge? This price action is testing everyone's patience.
#BitcoinSpotVolumeNewLow