When I drew the supple zones yesterday I had expected those zones to be areas of retracement for Ripple and as of today, they still are. XRP had attempted to break out of supply zone #1, but has retraced in the process. My analysis has not changed: absolute short by $.33215 and reasonable short at $.31800. That being said, a reasonable long at $.3000 is good too. I also am finding VPVR very consistent with XRP’s price action and am using it more than I normally would, so hopefully I am not feeding into my own bias here.
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