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tradeformula
Dec 14, 2020 5:56 PM

XRP part 60 Long

XRP / US DollarPoloniex

Description

Hello everyone- today we're looking at XRP, I'm watching for the next great buy moment, and I think we'll see it at .45 - we will see. This is not trading advice, please do your own analysis & research.

I'm watching a downwards channel to conclude within the next week or so, I expect to see higher highs and higher lows following that, and an all time high by early February. Pair that with election results, and you have fundamental & technical analysis in agreement. It's going to be a fascinating week, a historical week, a BIBLICAL week.

Stay tuned!
Comments
TheGetBackDon
It is never time for a tradeformula video to end! :) im tuned in. Lets see what February brings us!
Gaengphed
Thanks for your analysis! Great video. But just one thing...you're missing the 2013 high of XRP which makes the chanel less steep. Take a look at this chart (which is not mine) that takes this important point into account:

tradeformula
@Gaengphed, Great insight! I wish there was more historical data, that was certainly the "wild west" days of crypto.
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