XRPXBT has finished its Fibo 50 retracement maybe continuing to fibo 61.2,
since Ripple is the shooting star with ethereum and in my opinion will replace bitcoin together with ethereum, it is strongly collected by investment companies.
Coming back to the future forecast of myself based on the Trendlines and Fibonacci extention and retracement levels, it looks like that a fibonacci extention of 4.21 is possible.
The dotted green line indicates the expected trend levels..
The red dotted line the expected correction. Be prepared to sell before 4.2 fibonacci retracement levels, the correction comes fastly and painfully :-)..
since Ripple is the shooting star with ethereum and in my opinion will replace bitcoin together with ethereum, it is strongly collected by investment companies.
Coming back to the future forecast of myself based on the Trendlines and Fibonacci extention and retracement levels, it looks like that a fibonacci extention of 4.21 is possible.
The dotted green line indicates the expected trend levels..
The red dotted line the expected correction. Be prepared to sell before 4.2 fibonacci retracement levels, the correction comes fastly and painfully :-)..