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tradeformula
Feb 14, 2021 9:08 PM

XRP Part 72 Long

XRP / US DollarPoloniex

Description

Looking at XRP/BTC/USD as usual, as well as a couple others.

Regarding XRP we're seeing a continuing cycle of booms & profit collection, which looks like higher highs & higher lows. Ultimately it coalesces on 2/22 which just happens to be the same day the SEC will be hearing the Ripple case, which many believe will either be settled or that Ripple will outrightly win. In any case, my expectation is that it's positive news for Ripple, and we see a new ATH within the next few months, quite likely from $9 to $20+ in the short term.

After companies begin to realize the value of the XRPL, your guess is as good as mine as to how high it might get.

Thanks for watching, and let me know your thoughts!

Comment

Expecting a drop to .45 therebouts

Comments
TheGetBackDon
next time look into weekly candle please. i feel like not enough analysts talk about it. I find it fascinating we had few green candles above 200ma in like 3 years. closing this week at 0.6usd is big!
tradeformula
UnknownUnicorn13293746
great video! :))
abel11
nice chart! thanks for sharing!
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