XRPUSD another pennant flag run above $4

8 בינו׳ 2018

We have seen 4 runs in the last month for XRP starting around 20-25 cents. If you look at the preceding pennant flag runs, the Fibonacci targets end up just under the 1.618 fib level before falling back down. Following this pattern, the next fib level is around $4.17.

Confirmation when $3 level is broken. Target: $4.05-$4.20.

Sell above $4, buy back above $3 when its oversold.