We've been in a massive falling wedge since April of this year, which is a bullish pattern once we break out. While I'm not here to predict when breakout will happen (and therefore can't set an exact buy price), I will say that I believe XRP will trade within this wedge (max: $0.2575 min: $0.1600) until breakout occurs. The latest this breakout could occur is in the middle of February, however this can happen at any time prior to then as well. Initial target is ~24 cents higher than whatever the top descending line is at when breakout occurs (measured from first low to first high that started the pattern in April and June, respectively). So, that would put our initial targets from breakout (after, re-test) at ~$0.48-$0.50 or ~$0.38-$0.42 depending on when we breakout. Good luck trading!
This is not financial advice, as I am not a professional. Just here for entertainment only.
This is not financial advice, as I am not a professional. Just here for entertainment only.