A strong support zone btw fib level 50 and 61.8 and at this very zone
if all things been equal we could breakout from the wedge and target 161.8 extension at price 1.68175
Every market in the world goes through three market cycles, the uptrend, the downtrending market and the ranging or consolidation phase.
Base on my bias on XRP, if the wedge pattern is broken to the upside then the bull run resumes but if the previous low which is at strong fib level of 61.8 is broken
then we could see more movies to the down side.
