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CryptoLawyer23
Feb 10, 2021 3:13 AM

What can we expect in the short term for XRP? 

XRP / DollarBitfinex

Description

Of course it's been hard to be in XRP these months, but it's getting better all the time..

Here´s my idea for the short term:

If we can break the 0.50 resistance i think we are going to 0.60 and here, we can face two big problems just while going through the fib levels:
1- People who bought al 0.60 before the so called organized pump
2- Bitcoin reaching somewhere between 50.000 and 60.000 before going down to 22000 aprox..

If this events take place we might see the price of XRP going back again to the zone near 34/36 cents.

I'm preparing for this scenario just before Ripple's first hearing regarding the SEC lawsuit. Hopefully that's when we get regulatory clearity and we can start our way to $1 (IMPORTANT: 80 cents is a big resistance!) and in the long term $15

DISCLAIMER: Not a financial advisor, please DYOR and don´t forget to like and comment.
Comments
CryptoLawyer23
By the end of this bull run, hope it's this year
yozr23361
great view, long term meaning last of 2021 or sooner?
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