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Fib Levels in play

BITSTAMP:XRPBTC   XRP / Bitcoin
As you can see, the price action respect the fib levels. We are now in the 0.7 fib level and I expect to see the price reach the otherside. But not in a straight line. XRP is already a A LOT oversold and I think there is high probabilities to get a bounce to test the 0.6 fib level as resistance and then go to the south to reach the 0.7 fib level where I expect to see the ultimate bottom. So I think a little downside short term for XRP and a nice bullrun to come.

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