Description
⋅ We have a nice H&S formation confirmed by the decreasing trading volume and RSI. RSI still needs to fall into oversold territory.
We are now bouncing of the neckline that is acting as a strong resistance level.
I expect XRP to reach the 0,20 $ price level - which coincides perfectly with the 0.786 Fibo retracement level of the last bullish impulse.
This will be a great entry level!
GL&HF ;)