Bear market slows down.Expect price going sideway for sometime.

27 Oca 2018

Hello traders, we all experienced XRP price going to the moon since Dec 2017 with more than 1000% gain in a month. Looking at the Fibonacci, now we are stalling at 1.2000 support area, after testing 0.786 Fib. On the H4 time frame, the bearish are slowed down with a triangle pattern and waiting for a break. All my MA are staying close to each other. Me personally would expect this pair to go sideway for sometime. My target for ripple at the end of the month is 1.60 to be reached again and 4.0 for the next month.