I'm bullish on XRP, not just on short term as I published in my previous analysis (great for those who read and followed the call), but also on longer term. I think we are in the second bullish wave that can send this coin a lot higher than it was in first week of the year.
History repeats, financial instruments move in cycles and charts don’t lie. Prices move in random, but repeating cycles, which are predominantly driven by the participation of large traders/institutions/funds. I think those were already accumulation some volumes on the way down and if Ripple really delivers XRapid on the market as stated, we could see XRP booming like never before.
$72; $86 and $1.38 my targets for the next leg up, but on longer term, this could be just a beginning.
History repeats, financial instruments move in cycles and charts don’t lie. Prices move in random, but repeating cycles, which are predominantly driven by the participation of large traders/institutions/funds. I think those were already accumulation some volumes on the way down and if Ripple really delivers XRapid on the market as stated, we could see XRP booming like never before.
$72; $86 and $1.38 my targets for the next leg up, but on longer term, this could be just a beginning.