We have to break up out of the local 1.886 in order to continue for a push to the .24-25 region. Really depends on BTC>
May stop at .24-.25x and continue downtrend, or if it passes through some key fibs at that level, may spark a rally upwards .27, .30plus. LOTS of resistance.
XRP broke through key levels to warrant a continued move upwards. There is an area of confluence with many fib levels in the yellow box. If we push through the .2886 that should signal continuation. I think the .24x-.25x will be a crucial level as well. Probably a strong retrace at that moment, or a breakdown. But some indicators are pointing to a new bullish...
XRP broke through 1.886 and sittin' on the 1.618, not bad. Potential move upwards .24x-.25x we will see. Still could go down after this bounce. Not alot of volume right now. But indicators are blitzed.
Broke through some crucial fibs on larger levels (0.618) and smaller levels (1.618) It might hang in the area for a little bit, I will admit XTZ having broken levels before has not exactly played out the way I expected and gone up when it should have gone down. However, the daily chart and indicators are pointing to downward momentum and a break from buying...
Looks like we may be testing the 1.618 on both large and small fib cycles, the long line between yellow box and 1.236 is .5 on larger fib cycle, as well as the trend lines coming up for resistance. If we smash through those new targets will be 2.618.
Looks like BTC/USD will test 1.618 on the smaller fib levels, if that breaks will test 1.618 on the larger fib levels. 15 Min indicators are pushing for downward movement, time for a breather. This could be the beginning of a very large move I am more looking at it going downward as some pretty significant indicators have been triggered from a while ago.