XRP/USD [8H]
Some stabilization today, which is generally good when the market is volatile in a negative way.
We will stay with the same outlook, the only way is up if you zoom out.
The entire correction of this pattern is just one huge range, which means that a break-out will most of the time occur.
We will continue to monitor.
XRP/USD [8H]
A red day for many indeed, including XRP holders.
Most important element that happened is the fact that there is a good chance that further rate cuts will happen in December which is exactly the type of boost we need, the entire stock market as well.
We remain in a critical position, but the sideways show is still continuing, meaning that we are still in line for the expected continuation.
All of this personally for us is a discount zone.
We will continue to monitor.
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