XRP Price Action Review 16/06/2018
So price has pushed down and broken the 1hr ascending trend line.
Price pushed back down into structure at the 0.618 fib level again.
IF price continues to respect the top trend line of the descending channel we have broken out of there is a possibility we could see price break to the up side. Projected area is at the $0.59 level.
However on the 4hr chart the price still tells a bearish story.
Price pushed back down into structure at the 0.618 fib level again.
IF price continues to respect the top trend line of the descending channel we have broken out of there is a possibility we could see price break to the up side. Projected area is at the $0.59 level.
However on the 4hr chart the price still tells a bearish story.
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