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orlinmyer
Feb 12, 2021 1:14 PM

XRP 2-way Long

XRP / U.S. dollarBitstamp

Description

So here we are, as projected, at the 0.59 price mark.
This Fib retrace could either provide resistance, causing us to drop back into the low 0.30’s (0.26-0.27 seems unlikely now with this 0.618 Fib retrace)
Or, if we continue grinding upwards, we could break through the 0.66 level.
That would be a bullish indicator that we are ready to break 0.79, (Novembers high)
0.86 would be the next big resistance level.
Also, keep an eye on BTC to hit around 58k.
A huge retracement for BTC from 58k back into the 20k region will also pull back XRP.
As I said before #excitingfebruary
Comments
ProjectSyndicate
great setup. well done!
selmanbenloued
@ProjectSyndicate, you think it wil go down short?
BF85
I 💯 with agree with with about about XRP. I wouldn’t mind it if it goes down to the $0.28 before going up higher so I can buy more lol. I know some people won’t like that but I do. I appreciate your work man
Thank you
55982f5ae2494697b0bb273eb04d81
@BF85, thats not.impossible.. it can.happen
BF85
@55982f5ae2494697b0bb273eb04d81, You are right I might be wrong, but we will see:)
Thanks
55982f5ae2494697b0bb273eb04d81
@BF85, im await im a liitle burn hoping for the best price to entry
BF85
@55982f5ae2494697b0bb273eb04d81, I’m not a Financial advisor but good things happen to those who wait the longer!! You will be fine until before we get to the $1 :)
55982f5ae2494697b0bb273eb04d81
even financial advisor always wrong..
BF85
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