XRP bottoming on daily chart

2019년 11월 22일

Just a bigger picture with some interesting confluences and fib channel..

2019년 11월 30일

액티브 트레이드

The support is looking weak. If BTC continues retracing, XRP will reach the confluence area circled in orange - fib line and major support area - I give it max 7-10 days to touch the 0,15$ if we break downwards. The fib I believe will hold strong!!
Chart:

2019년 12월 20일

액티브 트레이드

The 0.618 fib line of the channel serves as support as expected. The chart looks still solid and I'm not touching it. If the PA will close bellow the fib then the blue horizontal support lines will be in play for a quick capitulation daily wick. Still expecting daily to close above the fib line in any case.