Following the dumps of yesterday, XRP did re-trace
nearly to .618 Support at .47.
Most likely price moves lower on XRP, more profit needs to
occur. Likely 0.47 will hold, and we will look for a re-test of resistance
at .53.
Otherwise, bulls must hold ascending triangle &
Fib Support & Volume Support at .45 Cents. If this level isn't held, most who bought
in accumulation will sell at breakeven.
This will push price much further down.
nearly to .618 Support at .47.
Most likely price moves lower on XRP, more profit needs to
occur. Likely 0.47 will hold, and we will look for a re-test of resistance
at .53.
Otherwise, bulls must hold ascending triangle &
Fib Support & Volume Support at .45 Cents. If this level isn't held, most who bought
in accumulation will sell at breakeven.
This will push price much further down.
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