Hi everybody. Here's simple and super clear chart of XRP price action.
Break of 0.26$ would open a way for 0.165-0.20 range. Keep in mind that reaching 0.18$ would repeat historical % drop from the top.
Also interesting point: Etherium and Bitcoin did retrace by historical percentages already and IMO not going lower than 2018 bottoms, while XRP is lagging behind and opens up a PERFECT OPPORTUNITY to invest if somebody believes in XRP and whole RIPPLE project. Also XRP/BTC is bottoming out very soon too.
I also checked possible time for XRP to reach 0.17$, that would bring us to the beginning of November, then we should start seeing a shift in trend.
0.165 should be DEAD BOTTOM with spikes lower on MONTHLY.
***This is the update and slight correction of previous idea on XRP, check out the link.
**This is not financial advise!
Have a great weekend my friends.
XRPUSD
Break of 0.26$ would open a way for 0.165-0.20 range. Keep in mind that reaching 0.18$ would repeat historical % drop from the top.
Also interesting point: Etherium and Bitcoin did retrace by historical percentages already and IMO not going lower than 2018 bottoms, while XRP is lagging behind and opens up a PERFECT OPPORTUNITY to invest if somebody believes in XRP and whole RIPPLE project. Also XRP/BTC is bottoming out very soon too.
I also checked possible time for XRP to reach 0.17$, that would bring us to the beginning of November, then we should start seeing a shift in trend.
0.165 should be DEAD BOTTOM with spikes lower on MONTHLY.
***This is the update and slight correction of previous idea on XRP, check out the link.
**This is not financial advise!
Have a great weekend my friends.
XRPUSD
