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LARC
Jul 20, 2019 1:45 PM

xrp right now 

Ripple / U. S. DollarKraken

Description

XRP currently in ascending wedge on the hourly. XRP hasn't tested the major support of .28. I suspect in the next day or two, it will break down and test .28, with a healthy bounce to .37-.39 over the next 10 days.

Comment

It also should be noted that there is a long time trend line that xrp broke through(blue line) back in May. It should act as support in this area. If it breaks down and this thing becomes bear, I believe targets are .23 then somewhere between .15-17.

Comment

Lastly, to confirm the above idea, it looks like this xrp fractal is playing out and should go sideways a bid on the .28 then move up.
Comments
Bullandbeartrading
Very good fibonaccis buddy.
LARC
@Bullandbeartrading, Thank you sir.
transparent-fx
appreciated your content, in the end we are all students of the market and learning constantly from it, i also give the best value i can to the community, i'm sure you would like it
LARC
@transparent-fx, Thank you sir
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