drilonn23
Short

XRPUSD to retrace to 1.10 then hit the ground

BITFINEX:XRPUSD   Ripple / U.S. Dollar
XRPUSD was under strong selling pressure lately, mainly due to fundamental reasons (news). However, based on technical part, XRP is at a critical point of support where price reversed in the past and which also represents a Fibonacci strong level of activity. We believe that XRP may retrace to nearest area of resistance located at 1.10 and then fall down again to low levels of 0.30-0.40 during February.
OMG are you for real
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