XRP’s Breakout
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When we break when we broke or had a Failure to close above the 102,800 on The dxy or the US dollar uh it was the Same time that xrp broke above the 62 Cent psychological level last bull Market cycle we went parabolics in 2020 To 2021 B market cycle that 62 Cent Threshold was the same kind of I hate Using this term but resistance level Right now if you remember I just told You guys this is a historical level the Dxy is hovering around that historical Level at the same time that xrp is again Hovering around that 62 Cent threshold Give or take we were consolidating Around it for quite some time we broke Below it so in my personal opinion if There's no major impactful positive news For the space I.E like a Bitcoin spot ETF approval that drives massive demand Again we're excluding all the positive Fundamentals that could drive demand for The market
