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Danmaz1337
Aug 25, 2017 6:19 AM

XRP Idea Long

XRP / Tether USDPoloniex

Description

XRP after taking nicely "sell news" rebounds on fibo levels like a dead cat :)
We can see soon next fibo levels until te upper resistance. In long term sight, Ripple company is investing and gain more partners, so the price at now may be still promotion

By the way, that is my 1st TA

Comment

0.5 fibo levels seems to strong local resistance now, but it had to be touched two times. Breaking it up may lead to 0.768, which can make C&H pattern. Besides this sidewalking of XRP price looks like rounding bottom.
Comments
sudeep_dk
100% Agreed .
NemoTrader
Welcome good luck
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