XRP/BTC - Where to ? Targets Set - Did a double bottom happen?
Looking a the 4hr chart for XRP/BTC it looks like a double bottom put in its reversal and XRP ran off a bit. See the update below for screenshot of two possible options. I'll be waiting to see those play out over the next day or so. We ned to wait for the 4hr let us know which way we are moving at the moment.
Option 1 - XRP retraces to 382 retrace and bounces to the 27% Fib ext
Option 2 - XRP retraces to 618 and bounces to the 618 Fib ext
Option 1 - XRP retraces to 382 retrace and bounces to the 27% Fib ext
Option 2 - XRP retraces to 618 and bounces to the 618 Fib ext
XRP is flying.. Serious take off from the double bottom..