eggsarepeas

XRP is right on track to make a new ATH this year!

Long
BITSTAMP:XRPUSD   XRP / U.S. Dollar
My last chart's thesis has not changed (https://www.tradingview.com/chart/XRPUSD...). I called for XRP to reach ~$1.50 (when it was at $1) followed by a large retrace back down to the $0.75-$0.50 range which would set up a move toward (and beyond) the previous ATH.

In this chart, I'm highlighting the only 3 times the daily RSI has closed below 30 since XRP bottomed in March 2020. The previous 2 occurrences have acted as springs to start an upward trend. I expect this 3rd occurrence to be no different and to act as a signal to let us know the $0.75-$0.50 retrace target has completed.

**Not Financial Advice
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