Ripple (XRPBTC) Retraces, When To Re-enter?

We saw and enjoyed Ripple's ( XRPBTC ) first wave up.

XRPBTC generated massive gains in a matter of days. I kept on mentioning how this altcoin is highly manipulated. It tends to be crashed to the lowest point possible but, once it takes off, it goes on and on. Ripple goes go up for long once it starts to move.

So what comes next for XRPBTC?

You can see the chart above, we have the biggest volume ever for Ripple on Binance and we broke out of a long term descending channel:

• The indicators are off the chart on the bullish side.

• The candlesticks are pointing to a retrace.

• I would look around 0.618 Fib. level as our main support. Keeping a close eye on price action to spot when to jump back in.

• We made great easy money with our XRPBTC 1.90% call, more can come from XRP.

• But remember that we need to wait for the retrace to be over, consolidation... Patience is key.

• Where will Ripple go next?
  Please share in the comments section below...

Thanks a lot for reading.

Namaste.