XRP was in consolidation phase where it broke down when BTC started to fall, but seems like it's recovering now and potentially going higher.
Waiting for it to close above 0.755$ fib line or for higher volume to open a long position.
Targets at 0.89 and 1.31.
Waiting for it to close above 0.755$ fib line or for higher volume to open a long position.
Targets at 0.89 and 1.31.
Comment:
After strong buy support (when BTC had a correction) and another short consolidation (BBands squeeze) we got a break out and we are going higher. Next target 1.31$ which may be achieved soon if we proceed with such pace. Chart is saying 2$ is the next target, which may also be a psychological resistance, so expecting stronger selling there.
Comment:
Drew a new fib retracement (based on last ATH) which gave me different targets, 1.14$ (ATH, which we are trying to break now) and 1.72$:
Trade closed: target reached:
$2 target reached, closed part of position.
Comment:
$3 target reached, closed part of position.