XRPBTC: Further downside before big pump(s) in 2020+

This is an update on my prediction from months ago, where I foresaw the XRP developments:

I knew that XRP would not pump in 2019, contrary to many XRP shills who always like to draw their gigantic arrows pointing upwards all the time.

The date for the first XRP pump always was, and still is around April 2020.
This is due to the giant falling wedge forming in XRPBTC, since a long time already.

In the grand scheme of XRPBTC, everything aligns perfectly.
Apri 2020 I by the way also see as the date where BTCUSD will reach 20k again.

So, that is my view and it hasn't changed since months.
XRPUSD is still a strong buy!

評論:

A quick update: So we now have some movement in XRPBTC, however, we are not out of the woods yet. We shouldn't already be too happy, because you know that we can draw these triangles optimistically but also pessimistically.

This is the most pessimistic triangle resistance I could draw:

If it goes even above this resistance line, the chances are good for a rally developing. Until then however, I will keep my expectations quite low.