4h
XRP 4H Triangle / WedgeWhich way do we think it will go?
The weekly fib used to call the move up to $0.75 on Monday is still valid and we are now consolidating on the 61.8.
A breakout of this triangle lower could see one more tap of the 78.6 at $0.25.
The upside potential is less likely in my opinion but a solid break upwards would take us back to $0.45 - $0.50.
I don't think anything below $0.25 is on the cards, for now.
NGAS - Update 4HHighest probable move for the day as I currently see it. For now, the volume is low, and MACD trending slightly down which indicates that there's no momentum yet for that up-move. But this also indicates that market participants are building up their positions. London Open is just around the corner, which might be the catalyst for an up-move.