All the major cryptos have sky rocketed lately and ether is not sitting on the sidelines too. My view on it is similar to the one I have on ripple, 50~61,8% fibonacci retracement from current level is much needed to set cryptos on organic price movement pace to attract real investors who, in my opinion see the current situation as a last kiss before the big drop.
XRP has performed an outrageous move lately surging from 0.315 to 0.44ish depending on the exchange. A healthy 50~61,8% fibonacci retracement from that zone is what Im waiting from ripple. What adds up is a double top pattern.
GOLD has broken the descending trendline, becoming a save haven for investors during the unstable economy. Anticipating this tendancy will keep pushing gold higher for the next few months.
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