Quick update this morning on XRP. This is playing out as indicate in my previous post on XRP video (Linked Below).
Price has just broken an uptrend line on the 4HR chart. The daily candle forming is indicate it will close below this trend line as well (watch it's closed today).
And the 1HR has a break, close and retest of the trend line playing out right now.
Definitely think we are going to see a continuation of downward movement here possible see another bounce as we did back on Jan 16th & 17th at the Weekly .618 and Daily .786 fib replacements.
I'm long on XRP and have multiple entries already. I think current price is a great buy, but i will only be adding if price does move or spike into that lower fib level.
Check out the charts for more notes.
Daily
1HR
4HR
Price has just broken an uptrend line on the 4HR chart. The daily candle forming is indicate it will close below this trend line as well (watch it's closed today).
And the 1HR has a break, close and retest of the trend line playing out right now.
Definitely think we are going to see a continuation of downward movement here possible see another bounce as we did back on Jan 16th & 17th at the Weekly .618 and Daily .786 fib replacements.
I'm long on XRP and have multiple entries already. I think current price is a great buy, but i will only be adding if price does move or spike into that lower fib level.
Check out the charts for more notes.
Daily
1HR
4HR
