This is the daily chart. If/when STOCH RSI crosses, and a daily closed below the 20MA, first target would be the 0.5 fib at around 43,600, which also corresponds to bottom bollinger band. A wick to the 0.618 to about 40,000 would be nice as well.. We will see what happens.. This market is about to go crazy Parabolic after this last dip!! Altcoins will be even...
Im not a big fan of XRP, but on the Stoch RSI, whenever the blue line crosses the orange line (on the monthly chart), XRP/BTC pairing explodes VERY HIGH.. Meaning whales will move funds from bitcoin into XRP, therefore exploding to the high side... I have made red lines as shown here to predict when it may cross. If it follows the current projection, it looks like...