AlanSantana

✴️ The Best Is Yet To Come! Are You Ready? XRP $5.13 ATH & More

Long
KRAKEN:XRPUSDT   Ripple / Tether USD
Are you ready?

Let's get back to basics.

The best "predictors", indicators when it comes to technical analysis are the trend and trading volume.

When it comes to Ripple's XRP, as in XRPUSDT, the best is yet to come.

You might want to take a minute of your time now to boost/like and follow... Leave a comment once you reach the end, because this chart analysis is based on the long-term.

XRP did not hit bottom June 2022, this is only true when we focus on the action after the major 2021 Cryptocurrency bull-market. As is true with many Cryptocurrencies, XRP has been growing long-term (higher highs and higher lows).

Here we can see that XRPUSDT hit bottom 22 June 2020, that's almost three years and a half ago.

If we open a chart with even more historical data, the low for XRP was hit July 2014 and again, the entire trip is characterized by long-term growth.

That's the trend for you; Bullish, Higher.
Sometimes strong higher highs/bull-markets, other times weaker ones.

In 2021 we have a relatively weak bull-market when we compare to 2017/2018.

What comes next in 2024/2025 can be something relatively big.

Going back to the main chart here, we already defined a strong long-term bullish trend and we proceed to look at the volume, everything looks great.

In September 2022 just months after a multi-year low, we have the highest weekly session volume for the bulls and volume starts to rise long before the next bull-run.

In July 2023 we have the highest volume weekly for the bulls ever for XRP, this coupled with the trend can mean we are about to experience something really big.

The next peak price without any major development, without Cryptocurrency taking over the world, without nothing special can be set around $5.13. This would be the standard bull-market and not the "something really big" the chart predicts.

But this is still far away and by the time we reach this point I can post many charts, we can continue to track this market day by day... So let's see what the short-term and medium-term potential has to say.

Within 1-3 months, we can see XRPUSDT easily hit above $1.28 or $1.24.
This is still a rough estimate... It can be improved but the bottom line is up.

Do you agree?

Thanks a lot for your continued support.

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Namaste.

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