woolleyfx

XRP Daily - EOY Revised

BITFINEX:XRPUSD   XRP / U.S. Dollar
Using the zones shown with the reasons ( 61.8 & 78.6 retracements ) for them being there shows why we have seen price push up to $0.28500 just now.

$0.29999 is a major prior resistance which I could see being tested one more time before a final drop to $0.17000 before we moon in January, hopefully 🤞

Bitcoin should bring down a majority of the market aiding this bias as it will be banned / useless due to governments / regulators saying it's bad for climate change, IMO.

I would expect the long term fib retracements to come through the end of this month and throughout December before the extensions / bull run occurs in the new year.

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