We will see a last buying point for XRP..
The move its making now is still a deadcat bounce, a normal reaction in a specific region on the market.
Never forget that crypto is a No Trade Zone.. It's an investment!!
Park your money between 0.24 & 0.20 and remove your charts..
Come back in a few years and enjoy yourlife :-)!!
Trade Smart & Stay Safe
Note that i'm bullish long term, but this is my right now idea of the xrp market. I do believe a further fall is possible, which can be a crash/correction, this one will depend on the market reaction to the tether audit and the truth behind it. I believe we can see something similar to the Law suit crash, or worst. I may change opinion because i only do analysis...
While retesting the previous resistances and turning panic sell into FOMO, XRP could win the SEC's "game" and come bullish out of it.
When we break the large triangle to the top, we will go to ATH and beyond for sure.
This is not financial advise, but for the ones holding XRP: congrats and keep holding, try to buy the dips, and don't cash out before 27 $ ! ( 12-24...
I'm just learning and observing... comming up to 4 months of pattern recognision learnng, so it goes without saying I'M NOT A FINANCIAL ADVISOR
So to me this looks like a huge triangle pattern, meaning we could see a new alltime high with this setup the momentum could be big enough to breach 2 USD mark and even higher than 2 EUR mark.
But I would keep a werry...
XRP is gaining momentum as we speak. We just closed the weekly candle this past night above resistance level and the start of the new weekly candle is bullish !
That's why i made a path for XRP for the near future and the mid-term (2 - 5 years).
First we have to break the 1.70 euro resistance, then we move to ATH. It could drop back to 1euro or even 80ct, but in...