XRP - retracement before fall for BITSTAMP:XRPUSD by sunnyk92

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trendanalysis supplyanddemand supportandresistance

XRP has fallen significantly since the fear and dispute between SEC and Ripple. Technically , with every impulse comes retracement. Until any further clarity is provided , it is still very much a grey area and we can expect price to retrace to the level directed before taking another fall.

Lets see how this develops.

Comments

it will pump.Ripple will get a fine just like EOS did and it will sky rocket

Gmac1

@Gmac1, I would like to think that also, if we have a significant breakout above 0.4 we can expect further movement to the upside technically speaking. I'm hoping this paves the way for crypto regulation and hopefully positive for crypto as a whole. Interesting times ahead for sure!

Gmac1

@Gmac1 agreed it’s just going to take time for this to get straightened out which sucks. Trade some other coins in the meantime.

Great work
Playing out to perfection.
Keep it up

zub22

@zub22, Thank you! Let's see how it further develops

This is how is going to play congratulations! You have made it .!

muhamed123

@muhamed123, Thank you,

I did buy some at the dip. Technicals are key! I will see how it develops around this region if we see further deceleration we can expect the push down as directed

muhamed123

@muhamed123,

Thank you

Target hit! platyed out beautifully!!!!