Hi guys,
XRP bounced back after a 42.5% drop over the last week. Touching MA20 represented strong support for the bulls and it bounced back.
The next strong support is at 1$ at 0.5 Fibonacci retracement level, which I don't expect to be touched.
By the end of the month, I expect an increase of XRP to 2.42$
In the bull market, 40-50% dips are a great opportunity so speculate carefully.
Please let me know your thoughts on how XRP will progress from here.
Thank you very much!