Ripple retracing to test devil's support

Since we talk about XRP, lets take a look at Ripple day chart. Since last update it pumped by 11% 👍

Support: 2666 - 2560 - 2460
Resistance: 2850 - 2950 - 3100

XRP made lower high when got rejected from 2850 resistance. Now pulling back to 2650 support. Within this week will get there and then we will see what next. If bounce, will test 2770. If dump through, next strong support will be 2560.

评论:

Last forecast achieved all targets. Bounced from 2647, hit 2777, pulled back to 2570. Almost 100% precise.

Now moves within narrow channel, very unpredictable, as can pump or dump any moment.

评论:

Week ago assumed possibility for growth to 2700 at least, and it actually made a nice progress till 2815. Now XRP came back to 2700 support. Doesn't look very bullish, seem to be falling lower, but this zone 2685-2715 look too attractive for long entry to ignore. Most important, in case price falls lower and bounce from ~2636 support, it will be possible to exit at breakeven or even small profit (with average cost order there as well).

Support: 2700 - 2686 - 2636 - 2560
Resistance: 2770 - 2815 - 2855 - 2900