XRP QUICK LOCAL TA XRP / U.S. dollarBITSTAMP:XRPUSDRocksorgate⚡ Hey hey, hope everyone's doing alright, bit of a conflicted day for me personally so gonna keep this super short and simple. Quick as lightning some may even say. ⚡ ⚡ As of writing we're at $1.138 currently as it seems we're testing support now above $1.31 and we've created this horizontal channel between $1.31 and $1.61 with one acting as support and $1.61 now playing the role of defense, resistance for us. ⚡ This horizontal channel will be our friend and foe depending on whether we're trending within the channel, or which way we break out of the channel. Fair to say if we slip again and fall out the channel we risk retracing more as we've already lost the 200 EMA so main thing now will be regaining that or holding ground above $1.13 at the very least. ⚡ Watch the channel and the two levels I've added with the blue lines to help highlight our resistance and support. That 200 EMA also matters for those that have been following along you understand the role our EMA plays. It's pretty simple, when we're above that 200 EMA line we have support and when below like we are currently it's resistance and the aim here is to hold that line. ⚡ I've gotta go, It's Taco Tuesday and I was excited to go, haven't been in over a year but unfortunately I won't be making it this time around it seems. Let's hope I can make it to the next one, or the next one, or the next one... Thanks as always, all the best guys. ~ Rock '