XRP re-test of 0.72 EUR before Friday ?

More selling pressure on cryptos all over the last 24 hours. With the CME futures contract expiring Friday we could re-test the lows.
BTC could be heading down to 6500 EUR (78% correction which was not reached yet) putting even more pressure for other coins.

XRPEUR could re-test its 0.72 EUR, i.e a re-test of its own 78% correction from ATH .
Definitely don't break the lower downtrend (red)
評論: If we tweak a little the latest downtrend (after the bounce from 0.72), we see a triangle and clear consolidation.

The good news is that we should see a breakout really soon from that triangle.

I just don't know which side :)

It reached the box but bounced up on low volume then stayed above a downtrend.

It is breaking down now to the 0.72 level, on low volume again. No real positive to look so it could break even further down to 0.6

sebfoobar sebfoobar
this is lacking volume. With BTC still going down we could be heading all the way back to 0.2 EUR
and yes, the last time it bounced on 0.72 EUR it went up by 100% in 24 hours :) ...that was 5 days ago :)
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