Looking back to 2017, we can see that there was a very similar lateral .IF we can see before 2017 support crypto market always repeat circle (HIGH VS LOW).At the moment price holding the major . You can see on the chart current price, moving the same pattern like 2017 rally. Coming week expecting some big correction towards 1.20$ near term Resistance.
XRP is in one of the largest transparent projects in the crypto market. I believe ripple can change the banking system and some other sector in the next few years. However, given the incredibly strong fundamentals of XRP, Ripple project going we well at a global level with partnerships e:g, WN, MONEYGRAM, BANKS AND lot more. I believe that the most likely technical direction from here is to the upside. I expecting next 3-5 weeks XRP holds this channel, the XRP bear market has just ended and huge rally underway.
Short term price holding critical 0.25 if the price breaks out 0.30 then bulls’ confidence in the uptrend unshaken as the price gradually slopes north above the short-term target 0.38, 0.44 and 0.50 level.
S-1 = 0.25
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