GOAT1375

XRP - We Broke The First Resistance

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BITSTAMP:XRPUSD   Ripple
Hi, this is my new update for XRP. We have big price action today, as we broke the first big resistance $1.47-1.50. Now we are getting ready for the next resistance around $1.73. The resistance $1.73 is very strong, since we have 50% fibonacci retracement level from the whole bear market and 78.6% fibonacci retracement level from the pullback we recently had from $1.96 to $0.92. So a backtest of the support level $1.47 would not surprise me, since we have to close the gap, but we can also smash trough the resistance $1.73 and after that we are going to test $2. So be patient and don't PANIC ;)
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