Back to 6900 satoshis to retest.
Updated
Most other TOP and PRO traders have already pointed out the RSI, MACD, volume, and 10/20 MA signal - all of which are pointed to a huge BEAR move to retest the 6900 sat support. All of the dreamy bagholders from the Swell conference will start doubling down on their positions, giving that sweet liquidity for all the whales dumping on them. Once it gets to 6900 - do not buy immediately - a further dump might occur. GL and stay safe.
Note
UPDATE: It's about to start dumping HARD. If you look at the 5 minute chart, there are two candles in the last couple hours with the largest volume. One of them is a huge green wick and the other is a huge dump, after a green rally. Both suggest that buying pressure is sporadic, but selling pressure is constant. Both those volumes got mega bull-trapped - and what's most hilarious - they didn't even fall for a bull trap. They created one for themselves, because of clumsy buy orders.Anyhow - the chart is right on point with the top resistance line and with all things considered - price is about to start dumping. Enter your short positions now, and take profit somewhere around 7000 sats.
Please be patient and don't fall for the bull traps.
All other TA today is basically moonbois shitting the bed. XRP run is over, at least in the short-term.
Swim with the whales or get dumped on by them. The whales are currently swimming south.
Note
Gotta love that upper resistance slope. So far so good. The slow methodical dump by the whales is seeing support at 7800 sats. If we break that - it's all the way down from there.
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