Front ran the weekly VAH showing bullish momentum growing. Might not end up going to the 2$ range but still am expecting a rejection on this pump. might end up just going down to the 2.14 level.
Still expect to close the monthly in the 3-4$ range. But lower is still in he cards until structure is broken (daily close above 2.71)
My idea is playing out pretty much as expected. This Fractal played out on the daily wick we got as show from the green arrow
Possible reversal levels from this rejection of the golden pocket.
[Blue arrow] Confluence between the golden pocket and Prev weekly VAH (2.14-2.21) (probable bounce here, but doubt it will lead to new ATH, make sure to take profits on longs from here.)
[yellow arrow] Confluence of the .786 fib, the current Macro VAL AND the Prev PoC (1.95-2$)
The last chance is the 1.8 Swing failure option which you will need to check order flow for (1.8 +-3%)
Be very careful with that last one cause the volume gap between there ant 1.56 is WILD.. it would be a quick move down.
Doubt we drop 10% past the Prev VAL at 1.56 as a deviation.
If you laddered in from 2.63 to 2.52 with an average at 2.56
A good point to sell half the leverage is as 2.72 and let the rest ride with a SL at break even.
Remember the goal is to stack XRP, if we do a micro swing failure pattern to build bullish structure, then you can re enter and make more. That way you can capitalize on these volatile swings. plus you can still make gains even if we break down lower and hit your SL, you still gained more XRP. remember its important to protect your capital