XRP Broke support level within a very important bullish trend channel. After retesting the support trend line as resistance, XRP will head downwards toward its major bearish support target of $0.075. This level is based on a common Fibonacci target found stemming from the past 3 major price peaks within our long term bearish Trend channel.
Bull Trap Bitcoin Still Poised for 6300 after breaking major support levels around 7800. A trendline retest was expected before continuing lower. The manipulative spike upwards doesn't validate bullishness until breaking resistance at 9300.
I can see this pattern playing out and meeting fib levels to almost dead accuracy as it has in the past. We are currently building proper support between 12,300 and 13,000 with the next bullish waves to take us to fibonacci extension around 16,000. This is strictly a speculative prediction. This is not meant to be financial advice. Do not invest according to this...
