XRP - TIMING THE NEXT BULL RUN TO NEW ATH - CryptoManiac101
XRP / USD TA
A part from the massive symmetrical triangular pattern from which we expect a breakout any day now, we also have great fractals available to as as well as the massive influx of positive news from large financial institutions and exchanges. Don't get me wrong, this is not the only crypto that's working with financial institutions and governments, but this is the coins which we are looking at today as the most profitable long term investment.
We are also approaching firm support area of 25 - 26 cents which has been maintained since 12 of August 2018
The somewhat of an descending triangular pattern you see on this chart above should be broken up or down by April 1 (we anticipate upward break)
When will we reach ATH?
In an aggressive upward movement we would be looking at new ATH within a month.
In a slower progressive upward movement which would account for regulation, we would be looking at new ATH towards second half of this summer.
Below we have also gone ahead and attached 2 XRP / USD charts which look at an even more zoomed out version and may help you assess the situation better.
A part from the massive symmetrical triangular pattern from which we expect a breakout any day now, we also have great fractals available to as as well as the massive influx of positive news from large financial institutions and exchanges. Don't get me wrong, this is not the only crypto that's working with financial institutions and governments, but this is the coins which we are looking at today as the most profitable long term investment.
We are also approaching firm support area of 25 - 26 cents which has been maintained since 12 of August 2018
The somewhat of an descending triangular pattern you see on this chart above should be broken up or down by April 1 (we anticipate upward break)
When will we reach ATH?
In an aggressive upward movement we would be looking at new ATH within a month.
In a slower progressive upward movement which would account for regulation, we would be looking at new ATH towards second half of this summer.
Below we have also gone ahead and attached 2 XRP / USD charts which look at an even more zoomed out version and may help you assess the situation better.
Comment:
Also important to note that we are right at 50, 100, 200 MA on daily and right at support... This is getting compressed to the absolute maximum
