10 more days of consolidation.

2023年1月1日

XRP is quite cyclic in past few months, we can clearly see 61 day dominant cycle. Previous trough formed in mid Nov is quite important right now, we are still 12 days away from ideal next trough and 0.786 was already violated what indicates that we can expect test of that low. I personally expect rather sideways action in next week or two with potential buy zone taken from fibonacci extensions levels between XYZ.

Timing: Trought should be formed between 9'th and 19'th of Jan.
Buy zone 1: between 0.33-0.34
Buy zone 2: between 0.32-0.33

Support with XRP: rNCUtwqnsKa3k5poB5WYDirhwhcoyr9W7D