XRP is in corrective phase of nested cycles and this spike from 1'st of January indicates that there's more pain to come. I personally see this move as some speculative dump caused by 3'rd party with huge number of tokens and it can be potential "early" bottom of this cycle. Nevertheless, corrective phase is still not finished and by end of the week we might finally form a trough. Personally, I'm not expecting new lower-low, rather test of .30 spike.
Buy zones:
Fib ext: 0.618-0.786 @ $.32 - $.30
Fib ext: 0.786-1.000 @ $.30 - $.288
Buy timing:
Between 1/9 - 1/19, ideal cycle bottom Friday night!
Support with XRP: rNCUtwqnsKa3k5poB5WYDirhwhcoyr9W7D
Buy zones:
Fib ext: 0.618-0.786 @ $.32 - $.30
Fib ext: 0.786-1.000 @ $.30 - $.288
Buy timing:
Between 1/9 - 1/19, ideal cycle bottom Friday night!
Support with XRP: rNCUtwqnsKa3k5poB5WYDirhwhcoyr9W7D
