XRP / Bitcoin
Long

XRP's Premature Breakout

928
Ripple made moves recently, solely based on the airdrop that was coming out. This is apparent by seeing the major increase in price in a matter of a day or so. Ripple was still far from its consilidation pattern, but was expected to breakout. We are now finding resistance at what used to be the top of our previous consolidation, which is now turned into support. Alt Season will be a small one this year, as the real action will take place towards the end of 2021, early 2022. However still there will be gains to be made here.

How high will this go compared to BTC? If this breakout sticks, then the price movement has already begun.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.