I was curious to look back and find the 2018 equivalent price action moment for what we are experiencing with XRP right now. Now of course yes there are obviously significantly different conditions at play comparing then to now but, interesting none the less to take a look at the parallels and differences in technical indicators between both moments and price points. So many factors are at play right now in our favor to support the idea that XRP in the short term can and will break $2 dollars hitting $2.06-$2.21 before a cool down consolidation pulling back to $1.86-$1.96 levels before resuming the inevitable and very much generally expected onward march and push upward to previous levels and new highs. The 2017/2018 wide eyed millennial kid in me is secretly hoping and holding out hope for a strategically timed domino effect announcement by US exchanges (Coinbase & Binance US etc) for the relisting of XRP to then send things into a media driven crypto buzz and FOMO frenzy craze, but of course the pragmatic and calloused side of myself (having been stuck in long term holdings for 4 years after the last cycle bust) won't entertain the thought past 'wouldn't that be nice,' and I'll be sticking to my short term profit taking and long term holdings accumulation strategy.
Would love general discussion and sharing of research/analysis/evidence for anything related to ongoing court proceedings/outcomes, US exchange relistings, relevant upcoming dates/major events, impactful market movements/trends, etc.