XRPUSD - Are we going to see the bulls take control ?!
Updated
Well, it seems XRP might just have finished the last wave 5 of C of Y.
In that case, expect euphoria to take over again.
Even tho I would like price to fall to one of the green marked level (Fib 100% 5v4, 61.8% YvW, 161.8% CvA)
BTCUSD is still the leading force behind all other cryptos, and has still a bit of room to the downside.
Ideally, I would like BTC to fall below the 5000 zone.
If it does, it's taking the other cryptos with it, XRP included.
Therefore, I stopped 3/4 of my sell orders and am on hold for the moment.
For my bullish view to be confirmend I would like price to make some higher highs and higher lows and see the sentiment of retail traders turn totally bearish.
In that case, expect euphoria to take over again.
Even tho I would like price to fall to one of the green marked level (Fib 100% 5v4, 61.8% YvW, 161.8% CvA)
BTCUSD is still the leading force behind all other cryptos, and has still a bit of room to the downside.
Ideally, I would like BTC to fall below the 5000 zone.
If it does, it's taking the other cryptos with it, XRP included.
Therefore, I stopped 3/4 of my sell orders and am on hold for the moment.
For my bullish view to be confirmend I would like price to make some higher highs and higher lows and see the sentiment of retail traders turn totally bearish.
Note
I love the volatility of cryptos !!!1.20 doesn't seem so bad right now.
BUT, divergence building, therefore I expect price might fall again, hopefully below 0.20 !
Note
Price fell as expected but did not break the support zone and started carving it's way higher in a, I believe, 3waves move.Note
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