So here is the monthly chart for XRP as you can see. 1) XRP is currently sitting at the rising trend line support while the top line is flat making it an ascending triangle and we all know that ascending triangles are bullish pattern. 2) We have a hidden bullish divergence as I have highlighted in the chart, which yet has to confirm. A close above the blue line...
XRP held the rounded bottom so far on this recent pullback. Wouldn't want to see us lose 0.51 from here as that will invalidate this but we could be seeing some upward momentum soon IMO if this plays out which I believe is the most likely scenario. Wouldn't be surprised if we jump to 1.25$ between now and april/may. If we close a weekly candle above 1.30 that will...
- Stay consistent and keep acclimating small dips (NOT FINANCIAL ADVICE)
- Worst case scenario for XRP is £0.25p in my eyes, but personally I will accumulate a lot if it does drop that low :D - DONT get emotionally involved with your investments and RULE NUMBER 1: ONLY INVEST WHAT YOUR WILLING TO LOSE!
- As you can see XRP broke that small trend line to the downside, meaning that XRP could consolidate above the trend or start moving up higher. - Or we drop a little lower and reach $0.52 (£0.38p)
- Remember guys/girls only invest what your willing to lose!! - However do remember this is a ISO20022 COIN so don't sleep on it and always do your own research! - In 5-8 years time XRP could be 3-4 digits so pack some long term bags!
- We could see XRP drop one more time as its following the trend to the down side and then once it breaks out of the downtrend we could see a massive spike up back to $1
- As we can see XRP dropped heavily before shooting up. - We could see the same thing here and we will see people FOMO into XRP and the price will sky rocket before it comes crashing back down.
- XRP is still consolidating, it may take another 3-6 months before it breaks out! - HODL your bags and don't get shaken out!!
- As we can see XRP is sticking to the long term trend - It has bounced to the upside nicely - We firstly need to break the all time high to then go on a massive rally to the upside. - Mass adoption and a win in this SEC lawsuit case could cause FOMO to kick in taking the price to $20 (£14)
- XRP looks like its sticking to the trend, as long as we stay above that trend we are in for a massive BULLRUN!!
- We need to see XRP break out of that triangle, it may consolidate up and down until the case is not over and then once it breaks out we will see ATH very soon. - We may see it drop as a low as $0.50 before we go back up!! NOT FINANCIAL ADVICE - INVEST AS YOUR OWN RISK (DO REMEMBER THIS IS A ISO20022 COMPATIBLE CRYPTO - SO VERY HIGH CHANCES FOR MASSIVE RETURNS)
- EXTREME FEAR is here again, HODL strong! - the SEC case will be resolved sooner or later!..... will you hold on strong! - REMEMBER to make wealth you have to be patience, its a really boring process!!
- HOW can a CRYPTO move up in price when its been SUPRESSED by the SEC! - The chart shows we should have seen a BREAKOUT, but due to the suppression the chart is consolidating, we will most likely just see XRP consolidate until the case is over.
- We are still WRAPPED UP into this SEC lawsuit, XRP will probably just consolidate until the lawsuit is over. - The case will most likely settle when everyone is really BORED of crypto and waiting for it too MOON. - They know all about human emotions and will FUD you out, so HODL STRONG AND BELIEVE IN YOUR INVESTMENT!
- As you can see XRP has been moving slow due to the lawsuit! - As long as we break above $1.31 then we are in the green light! - Diamond Hands HODL - Don't get shaken out!!
- As we can see since 2015 the market did roughly a 1,100,000 % INCREASE!! - This cycle took around 3 years to top off - 2018 the market was sitting at around $36-38 Billion it shot up by around 3,100% at its current peak of $2 Trillion - We have a long way to go, the crypto market is still a BABY! - We could see a 100X from here until 2030, this is your last...
- As we can see XRP is still following the long term trend line - This trend chart pattern is very similar to DOGE coin (I am not comparing XRP to doge in any way, just saying how similar the charts are) - We could see XRP top off around the $100 once the lawsuit is over, but I do not believe it will go up really fast, it may do some short term pumps due to then...