#XRP is froming a pennant, between the 34EMA and the upwards resistance line.
Since we're also forming a slightly bearish divergence I expect the red scenario I more likely top layout. The target for the bearish scenario is the green box between the 0.5 and 0.618 fib.
Target for the bullish scenario is the downwards coming resistance (green scenario).
Since we're also forming a slightly bearish divergence I expect the red scenario I more likely top layout. The target for the bearish scenario is the green box between the 0.5 and 0.618 fib.
Target for the bullish scenario is the downwards coming resistance (green scenario).
Target remains 0.5 - 0.618 fib.