There's no other way to draw the long term resistance line. XRP tends to trade on parabolas and this one seems to fit pretty well. Even if XRP touches back down to $.16 I think there's a strong chance to hit as high as $12 and even $16 by end of 2020
$1.20 tops. It won't get off the ground due to centralization because most of the money in XRP doesn't even take place on exchanges; this means millions going into a crypto and the price doesn't change. That is why XRP has gained 4% YTD and the rest of the top 10 have averaged over 80% gains.
@Etipton04, XRP didn't really gain anything the past year because the price action had a huge 5th wave extension (30 cents to $3) and most of the time when this happens that whole movement gets retraced before the next waves up. This is just a market cycle pattern some other crypto's show, and stocks too. Nothing special really.