orlinmyer

XRP January 2021 Pre-Breakout

Long
Thank goodness we didn't breakout through the low side of the channel as I had warned before.
Moving forward we have a probable (hopefully final) re-test of the 0.26-0.29 region before moving up towards resistance at the low 0.40’s.
Breaking through that resistance has an exit point during the 3rd to 4th week of January.
TOTAL2 is just waiting to breakout to ATH’s, that market cap move up should bring XRP along for the ride (albeit potentially delayed).
As you all know, a lot of my daily updates are small time frame, and short time frames are hit and miss.
Much more confident on this one as it is a closing triangle all the way back to the previous highs and incorporating the previous lows as well.
Hugh upside potential, with a possible buying opportunity left in the 0.26-0.29 region.
#goodluck
#brighterlightattheendofthetunnel
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