Will PNC bank be selling the news?

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Fomo is rife across comment boxes and the chatroom, Ripple has failed to break the .618 fib for 5 days running, and it went parabolic. Sounds like a great combination for a short entry back to the .88!

Yellow vertical line targeted on the tweet that PNC bank have joined cripplenet.

Trade null and void if .618 (.00009000) holds for a couple of days, but if this is the case it would likely move impulsively to the upside due to market closing margin positions.

Cloned a fractal and popped it in the intended path of direction. lets go!
.00003100 target.

Basil
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Rising wedge in downtrend - check
Bearish divergence on the RSI - check
Macd curling downward on larger TF - check
Top buyers identified in their masses - check


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the cracks appear to show as 'top' authors are sill calling for more upside.

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1D timeframe bearish Div showing and macd reaching crossing point

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weak bounce on the 4HR TF expecting downtrend to resume in coming hours

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Next target: 7200
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First target of 7200 hit within a whisker on an impulsive down move. possibility of a flag forming here or fallout all together which looks more probable due to price action. next target first flag below price

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well it looks like we're going down again

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Touched base a few Satoshis shy of the initial Take profit target. 3600 levels to watch for support/resistance building until further direction can be assumed.
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1173 next area of interest as per original chart
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BTCTrend Analysisxrp

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