Analyst to XRP Holders: This is the Kind of Setup That Blows Open Overnight

Crypto analyst Ripple Bull Winkle has identified an XRP market event he argues is unlikely to be accidental: a simultaneous weekly and monthly candle close that aligns with a rapid price sweep followed by an immediate recovery and a period of tight price compression. According to the analyst, these elements align technically and increase the probability of a substantial move for XRP. He supports the observation with chart images showing the relevant price action and the zone of compression. Components of the setup The analyst identifies three specific components that underpin his view. First, the alignment of the weekly and monthly closes at the same time is presented as a meaningful coincidence. Second, he points to a liquidity sweep — a sharp downward spike that cleared orders and was quickly reversed — followed by an equally quick recovery to the prior range. Third, the price then entered a period of...

https://timestabloid.com/analyst-to-xrp-holders-this-is-the-kind-of-setup-that-blows-open-overnight/