$XRP
The bounce from the February low was very weak for a B-wave. A larger B-wave is possible but we should then see a 1-2 setup to the upside from the current price region. Without a 1-2 setup, there is no sign that a local low has formed. The XRP price has now reached the 50% retracement level at $1.21.
Key spot here.
NEW: 🇺🇸 US Senator Angela Alsobrooks says "we have resolved the yield issue" holding back the Bitcoin & crypto market structure legislation from passing 👀
"I think it can pass, I really do." 🚀
Range highs taken ✅
Range lows taken ✅
Prophecy, fulfilled 🧘
On the real though, we are now back at our HTF accumulation zone and this is the time to make final buys and back up the truck if you are bullish on $TRAC imo.
I am going to scrounge up some change and see what I can do.
Also important to keep in mind while I think we are going to bottom in this region- this doesn't need to necessarily present itself as a V-reversal, we could chop around and "accumulate" in the accumulation zone for a bit before we are ready to launch.
In any case, can't go wrong with $TRAC buys here. I've said that every prior time we've been in this HTF accumulation zone and I will say it every time return.