XRP/USDT - Pennant broke down, new targets

XRP broke the pennant down. We should expect further push down unless BTC decides to turn and continue up. All alt market has followed BTC in this drop which is in a similar technical pattern so best to check the BTC analysis linked below to get a good indicator of where we are going. XRP rarely goes against the market in a bearish trend.

Watch the price action at Fib 38% or 0.57 cents. If we move above, there is good chances we will reclaim previous levels. If not, then we will go further down.

XRP also has a spark airdrop on 12 December, therefore XRP may still pump before that date. Be mindful of a possible dump after.

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