GOAT1375

XRP - Finally We Have Tested A Big Support Level

Long
Hi, this is my new update for XRP. In the last 7 days XRP has fallen over 60% and I know most people will panic selling right now, but I hope this analysis helps you little bit. 2 months ago when we broke the 3 years resistance level $0.65-0.75, we never backtested it, but today we finally have done it + we have backtested the SMA200 and I expect this level is strong enough to hold. If we compare this structure to 2017 bullrun, we see something similar and that is a big pullback around 60% and we all know what happened after that, so if we repeat the same structure it will take us all the way to 4.236 fibonacci level, also $10. I expect this to happen when Bitcoin is retracing from $32000 to $47000-52000 and after that the bullrun in crypto is DONE. I say this because XRP is always lagging behind and it is one of the coins that has always finished the bullrun in crypto. So be patient and don't Panic.
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