xzod

XRPUSD testing new support zone, will it bounce to $4 or $5?

KRAKEN:XRPUSD   Ripple / Dollar
Coinbase had release a news that it has no plans to add any new crypto. Sad. That probably scared some weak hands.

Anyway, after establishing new highs, we are in search of a new support line. With my fib analysis, I'm marking the following 2 zones in the blue rectangle as the support zones.

Support Zone 1 : $2.5-$2.8

If that support breaks, expect to test another level at

Support Zone 2: $1.80

I am still bullish with XRP and set 2 new target zones to take profit at $4 and $5. This could probaly take longer (maybe conservatively until the end of next week)



Great chart but incorrect about CoinBase. All they are saying is that they will announce new assets via official channels. Just trying to squash the kids saying they know somebody, that knows somebody on the inside.

Balas
xzod GenX9
@cpoleary, ah I see. Well played :D
Balas
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