Weekly chart has XRP sandwiched between the ema 50 & 100 also rejecting from LT POC of that HV node around .31c USD.
My fib extension TP is $1.02-$1.25 for this larger move and allowing XRP to finally play catch up with BTC & ETH.
This being said RSI is over bought & pointed down. I could easily see another test of .20c B4 the uptrend continues.
XRP is such a popular and highly traded coin that MMs just cant let the XRP bulls win IMO, at least not without relentless shake out after shake out since 2017 bull market ended.
One day when the MMs cant stop the bulls, XRP will probably just moon shot to $20 but until then HOLDERS get destroyed.
Stay the course and keep busy is my advice one day we will have our moment XRP army
My fib extension TP is $1.02-$1.25 for this larger move and allowing XRP to finally play catch up with BTC & ETH.
This being said RSI is over bought & pointed down. I could easily see another test of .20c B4 the uptrend continues.
XRP is such a popular and highly traded coin that MMs just cant let the XRP bulls win IMO, at least not without relentless shake out after shake out since 2017 bull market ended.
One day when the MMs cant stop the bulls, XRP will probably just moon shot to $20 but until then HOLDERS get destroyed.
Stay the course and keep busy is my advice one day we will have our moment XRP army
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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.