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YinYangCrypto
Sep 26, 2018 10:15 PM

RIPPLE - will it continue its downmove?  

XRP / DollarBitfinex

Description

I see a interesting chart in ripple right now, we had a strong bullish upmove. But as we all now, what pulls up strong CAN also reject strong and fast. So lets have a look on this chart.

I see a 0.618 rejection of the previous downswing, what normally occurs in zig zag corrections.

This could lead ripple to lower levels, dont be greedy rigfht now, we are still in a bear market, BTC hasnt confirmed some bullish upward moves yet. Other currencies are struggling.

Peace
Comments
manjotsbajwa
Everyone else thinks we're going to 60 to 80 cents+
alco.aarts
@manjotsbajwa, And how many lose with trading? 95%.
manjotsbajwa
@alco.aarts, Agreed. I'm waiting for .35 myself
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