Just a chart I’ve been toying with in regards to XRP price action and where we could be heading. Could potentially retrace to test 0.55 and then make a measured move upward to resemble the original move up before the current retrace.
I see XRP either pulling down to that 0.55 level (if BTC fails to push 22K in short term) followed by a strong move upward, assuming BTC can bounce off of previous support at the high 17K range, or it can take off from here during this hefty consolidation that has been happening and make a move to 0.95 before back testing previous support. I believe we will know more once BTC decides on making a move - I do think they are coupled strongly as of now, but this could change during this run.
Mainly would appreciate some like/comments to get my rep up! Thanks - Not an expert/pro.