XRPBTC
Even though Bitcoin had a huge jump and reached levels we haven't seen in a while, Ripple keeps giving signs of going down. Placing a Fibonacci from the last swing high within the last 28 hrs, the price was strongly rejected at level 0.61 and now after a small correction, it seems the last candlestick it's weakly testing level .38 and also respecting the downtrend line.
If this level does not support the price, it will go down until level 0 and that is our entry opportunity with it!
Even though Bitcoin had a huge jump and reached levels we haven't seen in a while, Ripple keeps giving signs of going down. Placing a Fibonacci from the last swing high within the last 28 hrs, the price was strongly rejected at level 0.61 and now after a small correction, it seems the last candlestick it's weakly testing level .38 and also respecting the downtrend line.
If this level does not support the price, it will go down until level 0 and that is our entry opportunity with it!