XRP re-test of 0.72 EUR before Friday ?
Updated
More selling pressure on cryptos all over the last 24 hours. With the CME futures contract expiring Friday we could re-test the lows.
BTC could be heading down to 6500 EUR (78% correction which was not reached yet) putting even more pressure for other coins.
XRPEUR could re-test its 0.72 EUR, i.e a re-test of its own 78% correction from ATH.
Definitely don't break the lower downtrend (red)
BTC could be heading down to 6500 EUR (78% correction which was not reached yet) putting even more pressure for other coins.
XRPEUR could re-test its 0.72 EUR, i.e a re-test of its own 78% correction from ATH.
Definitely don't break the lower downtrend (red)
Note
If we tweak a little the latest downtrend (after the bounce from 0.72), we see a triangle and clear consolidation.The good news is that we should see a breakout really soon from that triangle.
I just don't know which side :)
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