zorjak

Ripple (XRP) overbought. Correction should come soon

Short
zorjak Updated   
BITSTAMP:XRPBTC   XRP / Bitcoin
RSI is over 87 on the daily chart.
Dark cloud cover on the 12-hour chart.
Possible two Elliott waves of correction.

I think that in 1-2 weeks price of XRP will drop to 10k sat.

Comment:
I think that the second correction way has started
In a week XRP should fall in range 10k-12k.
Comment:
Ripple (XRP) might reach 10k-12k sooner than I expected.
Trade closed: target reached:
Ripple felt 12000 sat. Considering current bitcoin situation, I think that it can fell to 10000 sat

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