XRPUSD
Till now i have been expecting an ABC correction to happen with XRP. That would also be the time when BTC has a major correction. The first sign that an ABC correction may not happen for XRP is that we had a daily candle close above 0.618 fib level on a shorter time frame (last dump). Price did correct a bit today but is climbing up again. Second sign is the BTC price. Before a correction with BTC will happen, it still could most likely move up a bit ($52000-55k) before bigger pullback which would ultimately effect XRP price, it is just that the XRP price could by then be in a $2 area respectively.
I could b completely wrong about that, as the price could go down any time, as BTC decides to do a correction.
I am not a financial advisor so don't buy anything that a say. Have a nice bullish day everyone.BYBIT:XRPUSD
Kommentar:
Daily candle close above 0.618 fib. level