The 1.618 FIB coincides almost perfectly with the level of resistance that stopped Ripple's move up last November.
We can also see a bearish divergence on the RSI. Thus indicating we might see a pullback here. Where I'll be targeting the 3100 sats level as support and a valid entry point. With a SL placed just below the previous high and the 2.618 as a target zone.
What are your thoughts on XRP?
We can also see a bearish divergence on the RSI. Thus indicating we might see a pullback here. Where I'll be targeting the 3100 sats level as support and a valid entry point. With a SL placed just below the previous high and the 2.618 as a target zone.
What are your thoughts on XRP?
