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imkeshav
Aug 27, 2020 2:11 PM

$XRP - Rejected at 0.618 Resistance Short

Ripple / U. S. DollarKraken

Description

We are seeing rejection at 0.618 Fib + Horizontal resistance for multiple weeks, expect a drop to next support at blue line and if that doesn't hold, the next support is green line

Comment

1st Target hit

Bulls need to hold this support or we drop to 2nd Target

Comments
GJMRealEstate
important structures being tested

nice chart

time will give us the answers
CryptonikLion
To me this is a pullback from the aggressive upward move into this historical structural resistance, but great analysis
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