XRP ran hard this afternoon. Then the count hit 9. 👀
XRP/USDT just completed a Bearish TD Sequential Setup 9 on the 5M chart. After rallying from 1.384 up toward 1.391, the count reached 9 consecutive closes higher than 4 bars prior which is the exhaustion signal TD Sequential is built around.
That volume spike at 11:30? That was the fuel. The question now is whether it runs out.
Two scenarios:
→ Price pulls back from here = bearish exhaustion plays out
→ Price continues pushing higher = setup invalidated, buyers still in control
No confirmed reversal yet. Spotted using ChartScout.
⚠️ DYOR. Not financial advice.