HEY guys lets look at XRP today, in our past analysis we were bullish on XRP breaking our $1.29 resistance but instead the financial market pull back caused by the new variant pushed XRP down to break our trendline at $1.11 and our support of $0.96 and it touched our new support of $0.68 and its currently trading at $0.84.
Much like our previous forecast XRP still forming the pattern it formed in April of 2021 when the market rallied so if it continues to play out we see the market continue to consolidate for something time again before it rallies for previous ATHs and sets new ATHs following the BLUE arrow path and with the latest crypto news there is a bullish sentiment going into markets and market still looks positively bullish including the fact that XRP is the most under valued coin in the entire crypto space and if the case settles in between the rally we wont believe the high prices set for XRP.
Its very unlikely that we follow the RED arrow path were we see XRP crashing down but lets brace our selfs for the coming weeks.
what do you think woul happen to XRP ?
Much like our previous forecast XRP still forming the pattern it formed in April of 2021 when the market rallied so if it continues to play out we see the market continue to consolidate for something time again before it rallies for previous ATHs and sets new ATHs following the BLUE arrow path and with the latest crypto news there is a bullish sentiment going into markets and market still looks positively bullish including the fact that XRP is the most under valued coin in the entire crypto space and if the case settles in between the rally we wont believe the high prices set for XRP.
Its very unlikely that we follow the RED arrow path were we see XRP crashing down but lets brace our selfs for the coming weeks.
what do you think woul happen to XRP ?
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