After this healthy 75% correction over ATH of 3,3 we should see XRP testing 2,47 resistance short term which will unlikely break (see slowstoch). Medium terms we will retest 0,86 support which should hold and next true breakout /price surge likely to happen by end of March to new height. Obviously there will be few announcements which will create momentum before...
XRP will continue to fall to its 786 fib, where it also shares support with the MA(100) @ $0.70. Near Jan 21st, XRP will enter a TTM squeeze and break positive out of the channel upward out of the downward channel by the 23rd. It may bounce off of $1.00 and out but I would find this highly unusual and overall detrimental to the stability of the coin.
Upvote if...
after breaking primary trendline, XRP at lower projected target.
I did not move the lower .85 bubble placed jan 1th,14th.
if fact that was my preferred entry.
above this low supports overall bullish picture, with possible target in 3.5 area
good place for a long imo
after breaking trendline support, XRP came down EXACTLY to my lower target.
I did not touch the .865 bubble placed earlier
good entry for long here, imo, depending on timeframe.... this area should hold to preserve overall bullish picture, with 3.5 area possible still
XRP/BTC is showing a very small correction when you look at a 10 minute or 15 minute chart it is easy to see that it is doing a symmetrical ABCDE triangle.
It is almost done and after this I think we can see the Elliott waves taking place and finishing with All Time highs within the next few weeks!
The triangle I am referring to is the Blue triangle :)
XRP | BTC Short Trading
If Breakdown happens at 0.00014849 sats then it will go down to 0.00012500 sats.
Support & Resistance Levels (High To Low):
- 0.00022925 BTC
- 0.00021683 BTC
- 0.00019231 BTC
- 0.00017167 BTC
- 0.00014833 BTC
- 0.00012496 BTC
- 0.00009260 BTC
- 0.00006253 BTC
Market will move between - 0.00012496 sats to - 0.00017167 Sats.
- 0.00012496...
XRP looks to be building up for another run to new highs, at the very least there will be a run to test the previous all time high. I am loaded up with XRP and patiently waiting.
