XRP mostly plays by itself, and gets randomly emotional. It is currently in a very interesting place worth observing. Fibs indicate possible end of wave down, or is very close.
4692-4700 is immediate resistance for possible break out trade. 4416-4446 is strong support below for a safer bounce up trade. 4300-4314 is last stand for any hope of rising any time soon.
5091-5112 is 1st target and will be strong resistance. 5338-5367 is 2nd target and will likely cause retrace. I will update as price action progresses either way.
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See some of my other plots and trade calls below. I also plot Forex and Stocks, take a look at my profile page.
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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