XRP Price Action Looks to be Setting up for a Rise to 2 Dollars

We have a 3 Rising Valleys Pattern that has recently formed on the weekly timeframe, and we recently had a confirmed weekly Bullish Engulfing; if XRP manages to get back above 51 cents from here then it will likely begin to move fast towards it's last swing high of $1.96 but at the same time this is XRP we're talking about so it could go much higher because it is trading within in a massive macro consolidation wave structure on much higher timeframes and I have projected could take XRP up to as high as $120.94 whenever XRP truly decides to get going which can be seen here:

評論:

Could see it come back down to test the breakout point but for the time being it looks like whatever pullback it gets, it will outperform the macro.