jahhlee

Bearish On XRP? WAIT! Next stop $1?

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BITSTAMP:XRPUSD   瑞波幣
XRP tanked after the SEC drama but has gained it bullish momentum back. After a big bull run, there tends to be big pullbacks/corrections as well. I see a lot of TA that are very bearish on XRP but I see a potential bullish setup. If we come down to this retest level which severed as resistance before the bull run (also the 61.8 fib line for the swing), we could potentially see the trend continue up from there. On the other hand, if we hit this level and don't get any bullish moment, the buys won't be valid.


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