crytobullmike

XRP/USD weekly time frame analysis

Long
XRP/USD looks primed for a 100% or greater movement. Don’t be fooled though because even with a movement to the high .80 to low .90 range which lines up with the .618 fib on the weekly time frame. This would still create a lower high on the weekly time frame. Keep in mind when we get a lower high a lower low usually follows. Plan and trade accordingly.

Many wicks to the upside still need to be filled(too many to draw). These levels are irrelevant as of now until XRP makes the move to the .618 fib and meets/breaks the trend line.

So much upside potential for XRP along with many ALTS.

This is weekly time frame analysis remember these moves take time to play out.

What does everyone think?

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