AI
Tuesday, July 09, 2019 5:15:35 PM
XRP Retracement Due?
XRP still has not completed a retracement bounce from the previous drop over the last few weeks. We could see a shoot up from this zone and possibly hit the 44-45 cents range.
Fuelled by possible rumours with American Express we would expect some fomo buying so be careful.
But technicals are showing that XRP has only retraced a small amount of the drop so far and has some more to go.
XRP still has not completed a retracement bounce from the previous drop over the last few weeks. We could see a shoot up from this zone and possibly hit the 44-45 cents range.
Fuelled by possible rumours with American Express we would expect some fomo buying so be careful.
But technicals are showing that XRP has only retraced a small amount of the drop so far and has some more to go.
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