As of right now, I'm fully expecting price to fall to the 0.15 level. If that fails to hold as support, I believe that there is a very real and dangerously high probability that XRP will fall to the 0.03 level. I know many people think that is out of the realm of possibility, but the continuous weakness is saying otherwise. I love Ripple and XRP, but I'm an investor and an analyst first and foremost. I will not hold on to assets that are this vulnerable.
On the weekly , we can see that the strength is flirting with the downside right now. One thing that is very noteworthy here, is that price has been severely overbought, but it has never been severely oversold. Considering the consistently overwhelming technical weakness, XRP may soon find itself in the "severely oversold" section of the weekly — where it's actually GOOD to be a buyer. Choose your moves wisely. The future we've all envisioned is NOT guaranteed.
I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***