MisterCatt

XRP/BTC Painful Slope of Downward Channel

POLONIEX:XRPBTC   XRP / Bitcoin

Could be bad news also regarding 1 billion xrp sell off todaysgazette.com/ri...p-blessings-or-woes/
if it's continue dump and broke 0.382 fibonnaci support (5200 satoshi) .. i expect around 4100 satoshi level be a good support..

So far. nothing interesting in most indicator (CMF, RSI, MACD) as it's volume non-existential, still in bearish area, price being suppressed hard... and it's still continue it's downtrend.. xrp/btc still dump since december 2018 until present regardless btc dominance percentage level before 54% and above 54%..


But i have interesting hypothetical timeline that i made for upcoming impulse movement for xrp/btc..


please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
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