I think there are 2 possible scenarios with XRP in the moment.
1. Scenario:
We could do a healthy and steady pullback to the bottom trendline and the 61.8% Fib retracement at around 0.193$.
After that we could consider that the next bullrun is around the corner.
2. Scenario:
Maybe we could do a pullback from now, to retest the 78%-88% Fib retracement + 786 EMA + the upper trendline, followed by a sharp drop to whipe out all FOMO buyers and start instant the new bullrun with as less of them as possible.
I think that Scenario 2 would be more likely and typical for the crypto market.
Lets see what happens now. :)
1. Scenario:
We could do a healthy and steady pullback to the bottom trendline and the 61.8% Fib retracement at around 0.193$.
After that we could consider that the next bullrun is around the corner.
2. Scenario:
Maybe we could do a pullback from now, to retest the 78%-88% Fib retracement + 786 EMA + the upper trendline, followed by a sharp drop to whipe out all FOMO buyers and start instant the new bullrun with as less of them as possible.
I think that Scenario 2 would be more likely and typical for the crypto market.
Lets see what happens now. :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.