I see a clear butterfly with a double bottom pattern, first need to backtest 0.80-1.00 level before going to the upside.
This is not financial advice.
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Update: Price has backtested 1.40 support level, we will not see a corrective way to 0.8-1.00.
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Update: Price has been rejected at 1.60, we saw a 0.702 fibonacci retracement in last day's price action. I still think we will revisit 1.00-1.20 before heading up.
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Going in an uptrend now, we're still inside a range, if we break out above 1.75, 2.30 is next.
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Update: my initial idea was correct. Now up up up we go :)
so it will lose over 40 percent first? How is that long?
Patralis
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@Yup12345678, corrections happen in this market, we will see a $10 XRP before 2022.
UnknownUnicorn18786591
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@Patralis, no way, the crypto bull market is in the final final stage, and SEC will start bringing up results of their investigation once Ripple lawyers runs out of ammunition but well before the end of the lawsuit.
Patralis
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@Yup12345678, after seeing your previously published idea's, it is clear to me that you have a certain hate towards XRP. I do not know where this hatred has come from, but why do you still inspect the XRP price so much while you clearly resent it?