This are the things I'll be looking for as potential entry levels:
- bounce at current levels (fib + tenkan + BB )
- test the previous top at 2.3$ + pitcfork
- if we go lower I expect a test of 2$ level (fib + + kijun)
Keeping an eye on which is already quite low and may reverse.
Breaking lower would mean change of the current trend, and we could reach 1.6$ (cloud) and 1.3$ (cloud, fib and ) levels.
Watch for profit takers: People getting rich on XRP: http://markets.businessinsider.com/news/...