Very risky coin, very good rewards if done properly, very deep losses if you are too greedy to sell it.
Below pink : bear market. Above it : bull market.
Bear death cross happened on the 29th of July : price dipped. Then the 0.25 previous target buy opportunity was reached.
Xrp went on a quick massive run and went above the pink , made a false breakout to stay above it, and today it just went below.
It is playing right now with the Fibo levels.
1°) analysis if it will be a false breakout?
2°) is it a sell signal?
3°) bounce can happen here (if false breakout), on the blue , on the descending , on the last fibonacci level, or at 0.25c.
50 for the blue and 200 for the pink one