jakedubbz

XRP Daily - Revised

Following the previous chart, the lower timeframe fib has now been invalidated and I will be going with this set up going into next week.

Daily fibonacci drawn between the range shown, the support and resistance can be found on the Weekly chart.

A healthy pullback towards $0.25 - $0.20 looks likely if we see the daily closing bearish.

I would hope to see a turn around after this pullback once we know what the exchanges de-listing / suspending XRP means.

Also we should have clarity on the 20th on the whole election BS, either way it will be an interesting month.

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