XRP bounced after touching MA20

Hi guys,

XRP bounced back after a 42.5% drop over the last week. Touching MA20 represented strong support for the bulls and it bounced back.

The next strong support is at 1$ at 0.5 Fibonacci retracement level, which I don't expect to be touched.

By the end of the month, I expect an increase of XRP to 2.42$

In the bull market, 40-50% dips are a great opportunity so speculate carefully.

Please let me know your thoughts on how XRP will progress from here.

Thank you very much!