The price cannot go below 52.20€. If the price goes below, the forming head and shoulders pattern fails. If the price bounces and goes to the point A, breaks the neckline, then we can see a upside trend inversion. What do you think about?
Using the Fibonacci extension with counting the fifth wave, xrp could possible touch the 0.42$ in the next 40 days. MACD is showing convergence and RSI seems to have touched the bottom. If Bitcoin stays at this price or starts to rise I see a high possibility for Xrp to reach the 0.42$ target.
If you have another vision comment below!!
In this moment I'm very bullish on xrp, I see a possible triple top and a more possible rectangle. RSI and MACD give good signals on the daily and weekly chart. I forecast a possible breakout of the resistance. If your idea is not the same, comment below!!
