Forex_Academy
Short

XRP/BTC above the first target

BITFINEX:XRPBTC   XRP / Bitcoin
The crypto pair dropped further on the short term and now is almost to reach the 0.000069000 support. It seems a little oversold as the Bitcoin has posted little gains after the impressive drop . The perspective remains bearish , so the rate could reach fresh new lows. A valid breakdown below the 0.000069000 level will send the rate at least till the 50% Fibonacci line.

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