JohnBat

In case of correction ...

BITSTAMP:XRPUSD   ريبيل
XRP is lagging above the downtrend line. It moves in a downward flag characterized by a breakout upwards, but I believe that further declines are waiting for us as BTC is recording declines and I am afraid that BTC will test lower levels which will translate into a decline in ALTOCOINs.

Declines on XRP are possible to the level of 618 fiboo, i.e. to the level marked on the chart. In addition, this level is welcomed by the fact that the price has already reacted in these levels several times. After hitting the 618 level, I expect an upward movement to the downtrend line. This scenario may work, but it's just a projection. Better to wait and see what happens. This move will be played by me.
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