XRP possible short-term downtrend?
XRP took a slight hit today, and is now making a recovery. Hopefully this is the end.....BUT if its not....
Next price we should be pushing up to should be the $1.48 area where the next resistance will be.
If we drop back down again once hitting the $1.48 area, then we will be heading down again to the 50% fib, or even the 61.8% (marked with yellow arrows) fib over the next day or two!
Rebuy at the 50% fib ($1.27) and if we drop lower, then rebuy at the 61.8% fib ($1.18)
Hopefully we dont get that low, but be ready for a bit of turbulance over the next day or two.
Next price we should be pushing up to should be the $1.48 area where the next resistance will be.
If we drop back down again once hitting the $1.48 area, then we will be heading down again to the 50% fib, or even the 61.8% (marked with yellow arrows) fib over the next day or two!
Rebuy at the 50% fib ($1.27) and if we drop lower, then rebuy at the 61.8% fib ($1.18)
Hopefully we dont get that low, but be ready for a bit of turbulance over the next day or two.
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