The last 3 days XRP is growing. At the same time, the coin wasn't adjusted even to 236 Fibo after the highest price peak. 0,63 is the level from which it's very likely that a pump will be arranged again (the base for this is already there). In case of a breakdown of 0,63, the price must necessarily exceed the previous local maximum of 0,8 and go noticeably higher. So the closest logical stop is about 0,97 (236 Fibo).
The price of 1 dollar is very interesting level as well. If it's punched, then there will be a very strong growth, and the next stop is 1,40-1,50.
For fans of Elliot: the third wave has just begun.
tl;dr imo it's worth buying at the breakdown of 0,63 and close at 0,97 and at 1,39.
Feel free to join in, any thoughts are welcome except spam.
The price of 1 dollar is very interesting level as well. If it's punched, then there will be a very strong growth, and the next stop is 1,40-1,50.
For fans of Elliot: the third wave has just begun.
tl;dr imo it's worth buying at the breakdown of 0,63 and close at 0,97 and at 1,39.
Feel free to join in, any thoughts are welcome except spam.
I have the same feeling about XRP but I need more than that, price action need to support by news and market situation. Fundamental is part of market and from this method we can take speculation step or see coins progress. I try to combine technical and fundamental method, the purposes is not profit but to learn new knowledge about trading. Market have bad condition but as long many people replace their money, better future can be reached.
