I'm having fun speculating. Read this as "??????", not financial advice at all, thanks.
P much cope level bearish flag in the 15m chart, might knock 3 times, if that triangle is legit, the target will set a line of hesitation that will match the bull flag's line of hesitation, that will force a test, if it fails, maybe test again, if it doesn't, should hit the...
From what I see, this can go two ways. XRP gets declared a security or not. In both cases, Ripple will still continue to operate, as the business model will still work as long as it's non fungible and publicly traded.
January 3rd 2021, SEC fails the suit, Moon landing secured. Bags secured.
January 3rd 2021, XRP fails the suit, Exchanges halt trading. Expect...
This is my first attempt at predicting the future of any market. I am in no way educated, trained, or anything but novice. Do not take this as buying advice, buy/sell signals, etc. This is simply me publishing my thoughts. Screaming into the void as it may be.
I'm thinking it will stay along the yellow line, as a correction line. Pink line is a line of hesitation...
