XRPUSD bearish wave almost over
Updated
Ripple almost reach channel down resistance, with a strong bullish candle.
If $0.62460 break up, we will have a new bullish wave with a big target at $0.85352 as fibonacci 1.618 projection,
but if it failed to break bullish confirmation level, our focus still at $0.59480 support level and $0.58344 fibonacci support to enter long position.
I will update this analysis if I found a new pattern or if channel down break up.
you can check my previous analysis at ripple here :
If $0.62460 break up, we will have a new bullish wave with a big target at $0.85352 as fibonacci 1.618 projection,
but if it failed to break bullish confirmation level, our focus still at $0.59480 support level and $0.58344 fibonacci support to enter long position.
I will update this analysis if I found a new pattern or if channel down break up.
you can check my previous analysis at ripple here :
Note
Fibonacci support touch, target at $0.6339Note
nice movement at xrp, we get low price at fibonacci support
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