$0.44 very soon. Get the f### out. Looking very bad.
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(just happens to be the same target as LTC. No coincidences exist)
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This one has more attraction downwards because it is currently inside a very obvious Fibonacci circle set (but not illustrated above). Because it is currently inside that pattern it has a tendency and likelihood to swiftly move down. Probably even faster than LTC. Another reason it probably swiftly will move down is that it actually looked rather bullish yesterday. These bulls will get stomped out and likely create a long squeeze taking us down to this lovely level...
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Potentially the fall could go even lower (this not necessarily a buying level but doesn't exclude that either)
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To be exact (trying to be cool), I think it will fall to 0.444... Let's follow up this later and make me eat my words.
Trade closed manually
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I'm closing this down.
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I'm going to trace this and make an update to this idea when I think it should be bought... By the looks of it, if the market falls XRP may go the opposite way. I'm not going to say "BUY" at the moment but will instead wait patiently for further confirmation of this trend...
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Sure it's still possible for XRP to fall down. But I consider that being improbable after this rise...