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Potential N Wave Move For Big Gains

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BITFINEX:XRPUSD   瑞波幣
XRPUSD

A very important area for XRP right now facing Kumo resistance in the circled area. If a breakout is to occur above the Kumo immediate resistance with Tenkan sen at 0.23479.

Potential N wave can be fulfilled if price can get above green zone. If rejection at that level price may range between the green red and black zone. Reaching blue zone will complete N wave and will probably want to test and range in that area.

A drop below black zone will take us to extremely lowly prices between 16-20 cents. Keep eyes peeled and watch key zones.

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