History Repeats Itself - XRP to $4
Updated
The current consolidation matches the previous consolidation. Be prepared for XRP to moon!!
Note
As an initial estimate, we can extrapolate the time to calculate when it will break out of ATH. -- Looks like evening Jan 9th PT will be the target.Note
XRP forming an ascending triangle, with resistance at $2.80. Needs more volume to break out. Do not limit buy at $2.80, look for confirmation above $2.85.Note
XRP fell out of the ascending triangle this evening, but still maintaining strong support above $2.55. I still believe that we are only a couple days away from new highs. If you look at the previous correction, there was also a dip (similar to today), only for XRP to resurge and then another dip before reaching the previous ATHs.
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.