As I've mentioned, the lower price targets are VERY REAL!!! For me, XRP is on the cusp of breaking down, BUT from my chart the other day, price did manage to remain above the .786 retracement....for how long, we shall see! Bitcoin is currently below a major area of support (7900), and is in trouble as well! I would expect the next major area of support to be around 6600...
How price ends this week is important to me, and you can clearly see why! I wanted to post this bearish chart, just so you have an idea of what I am looking at, and the bearish implications that exist!
Good Luck!
How price ends this week is important to me, and you can clearly see why! I wanted to post this bearish chart, just so you have an idea of what I am looking at, and the bearish implications that exist!
Good Luck!