With only three days left until the XRP party in New York City, there is uncertainty about the outcome of the ongoing SEC lawsuit. This video discusses XRP price action and upcoming developments, providing insights for traders and investors.
On the one-hour timeframe, XRP is showing signs of a potential push to the upside. However, short-term retracement levels are identified, with a target range of 50.791 to 52.104. Liquidity blocks and potential trading opportunities are discussed.
Longer-term analysis on the one-day timeframe suggests a possible bearish scenario, with a death cross. Target areas for a bearish move are projected at 39.214 to 35.214.
Weekly charts are examined for a breakout from a range between the 50 EMA and 200 EMA, with different scenarios discussed.
The video also promotes a membership website and encourages viewers to share their thoughts on the XRP price action and the upcoming event in New York City.