After a strong move from $0.21 on the 4th of January 
XRP got to a peak of $1.66 on the 26th of April 2021. So far it has broken down below the support at $0.86 which has turned to resistance, a bearish pinbar candle has formed at the new resistance, and there is a good chance that price falls all the way to the next level of support at $0.46. Which is also the 61.8% Fibonacci retracement of the 4th January rally to $1. 6. The $0.4 support would also indicate a higher low for XRP which means the uptrend will continue. Expecting XRP to go from $0.46 to $5.16 which is the 0.618 extension level. I plan to risk 3% of my
With the hope of making 10x of that.
XRP got to a peak of $1.66 on the 26th of April 2021. So far it has broken down below the support at $0.86 which has turned to resistance, a bearish pinbar candle has formed at the new resistance, and there is a good chance that price falls all the way to the next level of support at $0.46. Which is also the 61.8% Fibonacci retracement of the 4th January rally to $1. 6. The $0.4 support would also indicate a higher low for XRP which means the uptrend will continue. Expecting XRP to go from $0.46 to $5.16 which is the 0.618 extension level. I plan to risk 3% of myWith the hope of making 10x of that.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.