$ 48-52.5 K. we *should* fall another Fib or two (0.5 @ 52.5, 0.618 @ 48) ... better setup for an epic run up. Be prepared for another quick drop before the big show starts.
IF that was the local blowoff top... Fib Level_ Likelihood_ $ ------------------------------ __0.382_____High ___111 __0.50____Medium___99 __0.618_____Low____88 Delicious.
Sorry about the recent posts on this, I didn't know TV doesn't allow deletions of posts after 15 min. Here are my to XMAS predictions for XRP based on this chart. Just follow how it bounces around between these lines and the typical number of days. 2DEC 1.33 20DEC 1.11 25DEC 1.54 - 1.84 (assuming breakout), if not, 1.30 : (
Somewhat of a repost. Chart trends indicate continued upward price action... anticipation building? (somewhat of a repost, this time with more detail)
Support rising and being respected. Fibs being respected (these are retracement fibs from the recent high). Looks like 1.02 is our current rising floor and you'll be lucky to see it again.
above an apparent price floor but below the 55 EMA
Rookie charter. Just throwing out an idea, I think there is more room for downside. 0.5 Fib retrace would flip previous resistance to support.