After the negative divergence and double top, it broke the neckline and held on to $1.11-EMA72. It’s in a bear market right now. For the uptrend to continue, the price has to get a month end close back above this neckline, that’s required. EMA72 has always acted as the bottom so far 🤞 But even more importantly, the support band holding the price has to stay strong, otherwise the selling can deepen
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$XRP
After the negative divergence and double top, it broke the neckline and held on to $1.11-EMA72. It’s in a bear market right now. For the uptrend to continue, the price has to get a month end close back above this neckline, that’s required. EMA72 has always acted as the bottom so far 🤞
But even more importantly, the support band holding the price has to stay strong, otherwise the selling can deepen