orlinmyer

XRP Making The Lower Case

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BITSTAMP:XRPUSD   リップル/米ドル
I’m a bull, I want over $10.
But
People always accuse me of “permabull”
So here is the case of a low before we hit $10,000 in a couple days ;)
ABC correction down towards 0.77 (very big) resistance level.
Either we have already completed B wave, or are about to.
$1.65 would be the key level.
A B wave fake out up to $1.65 would bring the C wave down to the low target.
However, blasting through $1.65 would be extremely bullish and indicated 0.77-0.84 is out of the question.
We will find out by the end of next week...
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