CryptoMarket360

Possible XRP Path to celebrate Fibonacci Friday!

BITFINEX:XRPUSD   XRP / U.S. Dollar
XRP has launched higher at has crashed into resistance at the 50% level marked on the chart. With this large move now would be a place for profit-taking.

However, as price drops back into another support Fibonacci zone, buyers are likely to get back in AND buyers that missed the launch last time will get in too.

This should bring a bounce to the upper 61.8% level around .69. We can re-evaluate once the price is testing the Golden Ratio.

If the drop does not hold at the lower 61.8% level.. we can easily drop back to the previous low.

Happy #2 on CMC for XRP and Happy #FibonacciFriday
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