XRP to 32% Fib Level

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XRP to 32% Fib LevelXRP / TetherUSBINANCE:XRPUSDTewhite41Currently XRP is over 90% long on 3 of the 4 time frames between the 1hr, 4hr, 12hr and 24hr. This creates a contrarian single to hold shorts to downside magnet zones. Many traders are piling in to go long however, their stop loss liquidity orders are sitting low. Bitcoin has broken its previous Day Low. We expect XRP to follow. In addition, with the US strikes on Iran, this also has spooked traders who are derisking.