XRP AND THE 200 EMA TEST

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XRP AND THE 200 EMA TESTXRP / U.S. dollarBITSTAMP:XRPUSDRocksorgate⚡Hey hey! It's a busy day so let's keep this idea short and simple, and as always, thanks for joining me. ⚡ Following up from yesterday's idea in which we we're focusing on that 200 EMA along with those 20, 50 EMA's. Currently waiting to see those two converge though we have regained the 200 EMA and are currently testing it as I write this. ⚡ I've added a new horizontal channel for us between $1.10 and $1.11 which will be our local resistance to break. Positive is that we haven't lost the 200 EMA but that's where we have to watch the EMA's and our horizontal channel. ⚡ If you've been with me for a while your pretty familiar with the tug of war phrase. Right now it'll be a simple tug of war between Bulls and Bear's to either lose or hold onto and use the 200 EMA for support and another push up. ⚡ I've attached the previous idea for reference as well should any of you like to check it out or compare yesterday to todays charts: ⚡ Main test will be if we can hold the 200 EMA and rise above it though as things stand regardless of whether or not we move up, our main priority is to hold and establish support above $1.10. The longer we're here, even if it's just a tug of war the better chance we have to climb higher as we establish support here. ⚡ Have to run but again watch those EMA's, I'm looking to see those 20, 50 EMA's converge which would give us the boost needed to climb over that 200 EMA and aim for a retest of $1.14 and possibly $1.18 respective of how the market takes the break over the 200 EMA. ⚡ I'd set a price alert for $1.10 should we fall back and get to retesting that, If we slip further watch to $1.08 and $1.05 for more support. As always, we'll be keeping along with things so feel free to follow and tune in for more if this idea stuck with you. ⚡ Grateful to be here after all these years and still going strong, thank you all for the continued support, let's make this year count. Best wishes, ~ Rock '