dragon72

XRP pullback imminent???

BITFINEX:XRPUSD   Ripple / U.S. Dollar
173 0 2
Hello,
I am new posting ideas so I am not an expert at all. I just want to share some impressions about current XRP behaviour.
Checking the 1D chart notice the following facts:

1.- Stochastic oscillator just did same peak behaviour from Feb 17th.
2.- Price just managed to get above the descending channel but a double doji was formed just on top of the channel.
3.- The peak on price of March 05th is not too relevant as it occured due to the rumor of XRP listing in Coinbase.
4.- Last Tax day will be on Arpil 17th so still there is some room to additional sell off.

With all this facts, It seems that an XRP pullback is imminent.
Waht do you think there guys?
Thank you so much for your attention.


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