Will XRP rally from here? We have no idea however we would prefer a retracement in price FIRST.
Either way we feel the price moved too far too fast for an immediate continuation.
Ideally we feel any new buying should be done at the range edges and so now is not an ideal location as price is still only at the 50% pullback of the last main swing ON THIS TIMEFRAME.
We like the idea of waitting for a visit back to the lower purple level down. Its also where the extreme Fibonacci retracement levels lies.
#XRP - #RIPPLE - #XRPUSDT - #SEC
Either way we feel the price moved too far too fast for an immediate continuation.
Ideally we feel any new buying should be done at the range edges and so now is not an ideal location as price is still only at the 50% pullback of the last main swing ON THIS TIMEFRAME.
We like the idea of waitting for a visit back to the lower purple level down. Its also where the extreme Fibonacci retracement levels lies.
#XRP - #RIPPLE - #XRPUSDT - #SEC