According to my XRPUSDT idea
"XRP after taking nicely "sell news" rebounds on fibo levels like a dead cat :)
We can see soon next fibo levels until te upper resistance. In long term sight, Ripple company is investing and gain more partners, so the price at now may be still promotion"
"XRP after taking nicely "sell news" rebounds on fibo levels like a dead cat :)
We can see soon next fibo levels until te upper resistance. In long term sight, Ripple company is investing and gain more partners, so the price at now may be still promotion"
Comment:
0.5 fibo levels seems to strong local resistance now, but it had to be touched two times. Breaking it up may lead to 0.768, which can make C&H pattern. Besides this sidewalking of XRP price looks like rounding bottom.
Comment:
Market is very slow due to lack of volume. Hypes on BTC and ETH will makes it difficult to rise, but as we see it's rising :)
Comment:
Fibo levels are respected. That's good. Market is quite technical :)