#xrp

As promised, I will provide a price forecast of $XRP .

Of course, everything is still too early, I am still waiting for the breakout. But if that happens, where should we take profit? And if it goes down as a few people expect, worse if it breaks the lower trendline, where should the short position take profit?

I have an idea for this issue. I have tried to research and have answers for myself.

Look at my chart. If the price continues to rise, pay attention to the price milestones at 38.2%, 50%, and 61.8% in the Fibonacci diagram. I recommend taking profit at these levels. However, be a little cautious. At the 50% and 61.8% levels, the price of $XRP is almost coinciding with the old peak. So why take profit at the 38.2% level? However, be careful of a pullback at this level.

If you are pessimistic, do not believe in the upward breakout, and think that the market will go down. In this case, I still have an idea for you. Coincidentally, I found a price confluence line at the 1.4268 area. I think this is an important price zone, very difficult to break through, take profit above this price level.

Of course, I do not want the price to go down at all. I am waiting for it to break the upper trendline.

I hope this article helps many people. Remember, I am not an expert.