XRP

Ripple: Intraday Consolidation Is Pointing Higher

1 218
US CPI came above the expectations, which cause some USD strength as US yields moves to 2%, but the buck did not rally much. Flows quickly slowed down, most likely because inflation is not a surprise anymore so data is already priced in the markets.

At the same time, cryptos did not see much sell-off. Looking at ripple, it can be a fourth wave consolidation with more upside potential while the market is above 0.6880.

Grega

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.