xzod

XRPUSD testing new support zone, will it bounce to $4 or $5?

KRAKEN:XRPUSD   XRP
Coinbase had release a news that it has no plans to add any new crypto. Sad. That probably scared some weak hands.

Anyway, after establishing new highs, we are in search of a new support line. With my fib analysis, I'm marking the following 2 zones in the blue rectangle as the support zones.

Support Zone 1 : $2.5-$2.8

If that support breaks, expect to test another level at

Support Zone 2: $1.80

I am still bullish with XRP and set 2 new target zones to take profit at $4 and $5. This could probaly take longer (maybe conservatively until the end of next week)




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