anticrvpt
Short

XRP Short Retracement and Potential 22K Target

BITSTAMP:XRPBTC   Ripple / Bitcoin
Looking at the fibonacci retracement and past patterns, XRP is on track for a retracement down to about 15000 and then back up to around 22K as the next sell target.
Comment: Instead of hitting the 0.236 retracement it hit the 0.382, early bounce but there will be a later opportunity to buy low.
Comment: I made a mistake of early judgement, XRP just hit the 0.236, buy up now and wait for the rocket to launch!
Comment: XRP, as you can see, broke downwards through the support. This is normal and it has formed a bull flag. I expect it to break this flag and return to its upward trend of higher than before expected, upwards to about 38,000 sats.

I'm going to partially profit at 38K sats and then hodl the rest for later in Q1 when Coinbase adds more cryptos for a chance at increased profit.

Expect the hit of 38,000 sats by the first week in January.
Comment: XRP ended up making a combo move following my fibonacci retracement pattern halfway and then following a head and shoulders pattern downward. This has shown in past history with XRP and it will start to rise soon.

If you are able to buy more XRP now would be the time to do so before the rise within the next few days.
took a dive
+1 Reply
anticrvpt fkashem1986
@fkashem1986, check my update
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faaaiill
+1 Reply
anticrvpt VanBenno
@VanBenno, check my update
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well this took a turn for the worst lol. do you suggest buying on the dip?
+1 Reply
anticrvpt jamesponce
@jamesponce, buy the dip and check my update
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Here it comes...
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bloody hell, this is following it perfectly so far
+1 Reply
Nevermind, in fact you are right. I've just made some math here and yeahhh, it will rise f... awesome for the next 9 days... I think it will reach about 4.25 usd over the next week.
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