Waiting on 2 factors before the start of the bull cycle.
IMO, we are at the bottome of the C leg, "The Bottom is in."
XRP will need to:
1. Hit the 0.618/0.702 FIB and retrace
2. Double/Triple Bounce a wick @ $0.28
XRP has not broken the trend line, and a wick grab @ $0.28 (Fall 2022) will potentially "be the last time youll ever see this price."
Short oppportunities will present itself @ $0.67 for and $0.42 support A Leg.
IMO, we are at the bottome of the C leg, "The Bottom is in."
XRP will need to:
1. Hit the 0.618/0.702 FIB and retrace
2. Double/Triple Bounce a wick @ $0.28
XRP has not broken the trend line, and a wick grab @ $0.28 (Fall 2022) will potentially "be the last time youll ever see this price."
Short oppportunities will present itself @ $0.67 for and $0.42 support A Leg.
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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.