
Jonny Lawrence
8.5K posts

Jonny Lawrence
@_JonnyLawrence
2D Animator, Logo Designer, Oil Painter



Now that the triple tap on $XRP has met it's target (range highs), there are two possibilities moving forward: 1. This was a relief bounce to take liquidity at range highs and now we expect continuation of the local downtrend (within the higher TF uptrend) aka a move back below $1.77. OR 2. The triple tap formation has established a "base" of structural demand from which dips will be bought for continued expansion to the upside aka our lows at $1.77 will be defended for now. Based on context with where Bitcoin and the broader market is at this time, I am betting on option #2 playing out, which means I will be looking for longs into GREEN while targeting some of the untapped highs above us.


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