Although the opening of August started with a slight decline of $XRP at $2.93, the big picture remains positive ✅.
The July candle closed green and strong, above the EMA 7 average for the first time in years, indicating an upward momentum that has not yet completed its cycle.
📊 Last month's peak reached $3.66, confirming buying interest at every drop.
The current correction is normal and healthy after an annual increase of more than 400%, allowing the market a chance to reposition.
⚠️ The good news is that there are no signs of collapse, no breaking of lows, no exit from the upward trend.
On the contrary: the moving averages support the continuation of the rise, and any rebound above $3.10 will bring momentum back strongly.
Let's take a step back…
And we observe the full picture:
What is happening today is not a pullback, but a preparation to jump again!
Your opinion is extremely important,
Share your considered opinion with me ❤️
