- update on this analysis, made more than half a year ago:
- since then Ripple has been consolidating at a high level
- history doesn´t repeat but it does rhyme is the famous saying - in case of XRP it looks like price action is literally repeating the 2017 playbook with an initial impulse - consolidation - followed by another impulse
- target of the macro triangle pattern is north of 10$ per XRP, likely to get reached by the end of the year
- since then Ripple has been consolidating at a high level
- history doesn´t repeat but it does rhyme is the famous saying - in case of XRP it looks like price action is literally repeating the 2017 playbook with an initial impulse - consolidation - followed by another impulse
- target of the macro triangle pattern is north of 10$ per XRP, likely to get reached by the end of the year
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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.