XRP is reaching a strong support at the bottom of the downward channel. We might see some movement between the fibonacci levels, and hopefully the breakout we've been waiting for.
@userbeauty, Yes, I think there is gonna be unpredictable movement between 1.3 & 0.9, between the horizontal lines. Obviously it's not a science, it could be lower or higher than these lines, and I could also be completely wrong ;)
yozzer
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What would be the lowest it could get to?
Zil
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@yozzer, Assuming my prediction is correct, it should not go below 0.8, and it would be even unlikely to go below 0.9. But like I always say, I am not a crypto-prophet ;)
userbeauty
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Thanks! Do you mean price may not go higher than 1.25?
Zil
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@userbeauty, Not in the upcoming 2-4 days, I think we'll see some horizontal movement right now, giving a bit of time for people to buy or simply regain trust in cryptos.
BTC also really wants to go down to 8.000$ which might drive cryptos down, hence my red arrow.