.702 retracement on the XRP chart.
As you can see the .702 retracement has been playing a significant sell point since April last year, unless XRP can move past that level from the last local high we will continue to see more down side. although XRP has broken out of the down trend and has now back tested support, this gives me confidence the bottom is in.
i will be paying close attention to the .702 retracement next time we retest which is around $.95.
i will be paying close attention to the .702 retracement next time we retest which is around $.95.
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