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Ripple - XRP - Fibonacci Retracement

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BITSTAMP:XRPUSD   リップル/米ドル
Looks Like XRP is going to retrace all the way down to the 1.40ish. We could see some support there. Otherwise don't be surprise when it runs all the way back down to the .85ish level. Like a falling knife with no real support.
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Also you have a double bottom around 1.65 and rising trend line from the beginning of the move up in November. Really before the big volume came in. This is people taking profits and the double bottom is important because after that we will see the 1.40ish mark.

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