HJQI
Long

XRPUSD As our prediction,the price break the 1.011

KRAKEN:XRPUSD   XRP / US Dollar
Hello traders, Here I have checked the 4H chart of XRPUSD!

The price has had a correction move, after a long time peaceful, I predicted in my previous analysis and we got the price action!

After the short correction, the price is ready for a new up wave. Since price has hit a fibo support(0.864) , there has been signals of downtrend slowing . The candlesticks are showing the beginnings of a change of command from bears to the bulls.

I believe that price has found a true bottom.

I am expecting an up move up to begin, to reach target of at least 1.272. If price successfully breaks pressure level at 1.011, price could extend further to the highs.

I will be updating this analysis if it exceeds 30 likes.
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@HJQI great analysis! I have something similar here, What do you think ?
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