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khokher Trader
XRP is coiling. 👀
After the run from $1.00 to $1.70, price retested the 0.5 fib at $1.257 in mid-Sept and held. Now it's squeezing inside a falling wedge under $1.55.
🟢 Support: $1.22 to $1.26
🔴 Resistance: $1.55, then $1.75
A clean 8H close above $1.55 opens the door to $1.75. Until then it's a wedge, not a breakout. NFA.
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