aboveandphom

Ripple Daily Dose 3/21/19

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If you saw my previous post on Ripple 3/19/19 then you can see I was almost spot on with the bounce at $.3118. It actually dropped to $.30818 but the bounce was very weak. However, it did not close below that 65% Fibonacci line so I am not sure if it’s still going to continue to drop. It still might after some ranging but I am looking for XRP to bounce right back into its symmetrical triangle. RSI is showing that it is on the cusp of being oversold in a long-term time frame so even if there is a drop I think there should be at least a small bounce back up to $.32.
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