XRP Short Term Bullish Targets!!
Updated
I have plotted a very strong symmetrical fib level where price is currently flirting with the symmetry line at $1.577.
As long as price can stay above that level, expect price to move back up to $1.657. Expect a reaction at this price. Sellers will step in but then a further push to complete the series at $1.759 can result in a pullback before further upside.
For now, keep your eyes on price staying above 1.577 to validate this idea.
As long as price can stay above that level, expect price to move back up to $1.657. Expect a reaction at this price. Sellers will step in but then a further push to complete the series at $1.759 can result in a pullback before further upside.
For now, keep your eyes on price staying above 1.577 to validate this idea.
Trade active
First target at 1.65 has been hit. The reaction as previously stated is happening. Target #2 at $1.759 is still a valid idea as long as xrp remains above symmetry. (1.577)The next move to watch for is for price to break above the 272 fib ($1.657) and maintain that level for target 2 to be hit. Patience is key.
Trade closed: target reached
s3.tradingview.com/snapshots/i/iQqJMGF4.pngComment
All it took was time.. there was a pullback from the 272 fib level. That pullback was completing a macro inverted head & shoulder pattern. But the last target was hit.
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