Updated

Ripple (XRPBTC) Continues Its Correction/Retrace

Taken from my earlier XRPBTC analysis:

XRPBTC price is now holding around 0.5 Fib. level and EMA10 (light blue line).
We are waiting for XRPBTC to retrace and to give a clear signal of its next move. This can take time. It can choose to move quickly as it can take several days or weeks before its next move, the market will decide. For now we are looking bullish and in the process of a classic retrace/correction.
We look for main support at 0.382 Fib. level on the chart above if XRPBTC price continues to retrace. It can also choose to consolidate sideways...
If one level break, we look to the next. We continue to look down short term until support is established.

I will be keeping track and keeping you updated.

Thanks a lot for the huge support and for reading.

Thank you!

Namaste.

Note

Previous analysis:

Ripple (XRPBTC) Retraces, When To Re-enter?

Note

We are going down further... We are looking at 0.000066 - 0.000067 range at least for support.

Note

This is where we are looking for support as mentioned in my last update, if this level fails, we look for the next one. If it holds, we look to create a floor for another ride up...

Here is the chart:

Note

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Thanks a lot for the support!

Namaste.

Note

We are looking at early reversal signals with EMA50 holding on the 4h Time frame.

"Early signal". More volume is needed and confirmation.

[B]Give me the likes, shares, comments, follow and support and I will be sharing a full review soon, regardless of next action. I will be sharing, the next support, buy in, targets and do a full analysis.[/B]

Thanks again.

Namaste.

Note

XRPBTC is showing a good bounce:

This is a good signal for finding support.

Note

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