XRPEUR - Possible Bounce

15 בינו׳ 2018

Bullish sentiment prevails, with weekly correction taking place after strong bull run. Currently, bears are pushing hard against the 0.5 Fib value. If the support breaks, the next realistic target is between 1.1 to 1.16, where we will see a confluence of 0.618, 50 EMA and the lower Bollinger band. I'm expecting a strong upturn at that point.