XRP two possible scenarios

Тема в разделе "English", создана пользователем Trading Ideas, 24 сен 2020.

  1. Trading Ideas

    Trading Ideas Участник

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    XRP two possible scenarios
    XRP / Dollar BITFINEX:XRPUSD
    Kelthogar
    JL88cB0T_mid.png
    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. :)
     
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