I would like to introduce you to, or rather recall, my old analyzes. In the past, I have tried to find some repeatability on XRP in a rather unusual way. At that time, I found a certain pattern and network what! It still works, it bothers me a bit. From an analytical point of view in terms of several key levels and pores, I will try to present a few facts. I also want to mention at the beginning that investing in XRP at the present time is very risky. The risk of winning is very high.
After peaking around $ 3.5 for XRP after hitting a likely day in March, fibbo 618 is very likely (area marked in red rectangle.
XRP is moving into the collapsed bottom area where from March 2020 it is in an upward trend.
After breaking the curve area (red limits, the XRp rate exploded around $ 0.8. Currently, the rate is under this limitation and it is supported by the March trend.
What is weirdest from the chart may come at the end of February at the turn of March. Oddly enough, it coincides with the first XRP vs SEC trial, which could be a very interesting time for XRP.
It is also worth noting that after the fall from $ 0.8 the rate perfectly stopped at the red lower limit, which confirms the strength of this limit.
In the current situation, breaking the rate above the level of $ 0.285, ie the level of the red cap, will herald increases! Up to what level? The first is a correction from $ 0.8, which is around $ 0.44. At this point, I will get rid of 60% of XRP in order to redeem the red border from the top.
* My theory * XRP, due to blocking the possibility of playing on many US stock exchanges, resulted in a decrease in the availability of XRP. Therefore, if we receive any new news about XRP or the SEC in connection with XRP in the coming time, there may be a situation that many people will jump on XRP tokens and the course may shoot into space. I would also like to emphasize that a scenario of a decline in the price value before 2017, ie $ 0.06, is possible. Interesting conclusion but it's the market.
old analyzes are very accurate \/\/\/
Previous analis.
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