XRP: Fibs are looking familiar.
Please refer to my previous post for further context.
In that post I describe an unprecedented ascending channel that the XRP-USD trading pair is currently residing in.
This channel forecasts XRP-USD to break the .236 fib retracement level ($1) at precisely the day of the Pre-Trial Hearing.
This fib level is interesting because it was this same level that sent XRP-USD to new highs after it was broken through in late march of 2017!
If the price movement continues along the channel in my previous post along with some good news from the hearing (and a break of the fib level simultaneously) we could potentially see some explosive movement soon after.
*Not Investment or Legal advice*
In that post I describe an unprecedented ascending channel that the XRP-USD trading pair is currently residing in.
This channel forecasts XRP-USD to break the .236 fib retracement level ($1) at precisely the day of the Pre-Trial Hearing.
This fib level is interesting because it was this same level that sent XRP-USD to new highs after it was broken through in late march of 2017!
If the price movement continues along the channel in my previous post along with some good news from the hearing (and a break of the fib level simultaneously) we could potentially see some explosive movement soon after.
*Not Investment or Legal advice*
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