After a 32% pump this week, the macro trend line being broken and the 500,000,000 purchase of XRP by a mystery wallet, a retrace is needed to continue a solid move up.
Momentum is starting to pullback. If we do not hold this support level, we could see reversal from here.
Sorry to add this on here late, we've been tracking it in the group.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.