XRP is showing the same bearish triangle BTC is showing currently so we should be breaking down soon. If the first support doesn't hold then looks like we will hit the 47-50 cent usd range. Of course its all off of how deep BTC corrects....
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Well well BTC helped us break out of that bearish signal... lets see if we can make it back to 80 cents...
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Well looks like BTC is going to dive deep this time... I'm thinking 55 cent range... prob better for a large bounce anyhow... guess we will see soon!
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The wedge I drew dips down to the main wedge and that looks to be about bottom... now we just sit back an wait for BTC to do its thing!
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It could ease up a little from the support but won't last long when BTC starts tanking.
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The action last night seems to have changed the short term target now for me... I don’t think it gets much farther than .63 on this run. I still think it will go a little deeper in the coming weeks.