XRP price set up: long term analysis

It looks clear to me that XRP will continue to go down for some time now.
Fibonacci retracement shows .00015545 as the 61.8% level while the StockRSI does not show signs of over-sold yet.
Ichimoku is consistent, the price has not yet gone below the base line.
Once the price reaches .00015545, the set up needs to be re-examined to see if it goes to test the 50% Fib (at .00012715) or we have a buy signal (if RSI shows oversold and price has gone above the Ichimoku conversion line).
So nothing on the short term.

评论:

So, the 2nd support has been reached at .00015545. Today will be the moment to see if it goes to test the 3rd support (at .00012715) or bounce toward the .00032.
Stochastic shows oversold but the price has not gone below the base line. It should reach .00012715 to do so. In the same time, the .0001450-.0001545 level seems to be a strong support area.