It looks clear to me that
XRP
will continue to go down for some time now.
Fibonacci retracement shows .00015545 as the 61.8% level while the StockRSI does not show signs of over-sold yet.
Ichimoku is consistent, the price has not yet gone below the base line.
Once the price reaches .00015545, the set up needs to be re-examined to see if it goes to test the 50% Fib (at .00012715) or we have a buy signal (if RSI shows oversold and price has gone above the Ichimoku conversion line).
So nothing on the short term.
Fibonacci retracement shows .00015545 as the 61.8% level while the StockRSI does not show signs of over-sold yet.
Ichimoku is consistent, the price has not yet gone below the base line.
Once the price reaches .00015545, the set up needs to be re-examined to see if it goes to test the 50% Fib (at .00012715) or we have a buy signal (if RSI shows oversold and price has gone above the Ichimoku conversion line).
So nothing on the short term.
Disclaimer: This is not investment advice. If you like the analyses/signals, donations are welcomed.
BTC: 14Yw69sqCZbJ2CHaBMYR8Fe9a82yZfEZWx
ETH: 0x85cED1fd9698356D0D2bac70C58517F69ee32
LTC: LiZVCUNmbSmh1ybeTCdxSEVCZLS3PAeFcN
BTC: 14Yw69sqCZbJ2CHaBMYR8Fe9a82yZfEZWx
ETH: 0x85cED1fd9698356D0D2bac70C58517F69ee32
LTC: LiZVCUNmbSmh1ybeTCdxSEVCZLS3PAeFcN
Stochastic shows oversold but the price has not gone below the base line. It should reach .00012715 to do so. In the same time, the .0001450-.0001545 level seems to be a strong support area.