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Crypto & Bitcoin

XRP Price Correction Could Get Worse Before the Next Rally!

Reported by Petar Jovanović, CaptainAltcoin

Image: CaptainAltcoin

XRP price has broken another support level, and one of the analysts we regularly follow believes the correction could still have more room to run before the next larger rally begins. CasiTrades says XRP has fallen below the local 0.618 Fibonacci support around $1.27 and is now finding temporary support around $1.20. Her next important level is $1.10. Below that, she still has the much-discussed $0.87 region on the chart. That sounds bearish at first, but CasiTrades has not abandoned her larger bullish XRP thesis.

This is an excerpt. The reporting belongs to CaptainAltcoin.

Read the full report on captainaltcoin.com
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