XRP - What's gonna happen next?
Hi everyone!
XRP has been consolidating for a while hence I've not being making updates around it.
Sometimes it's just a waiting game and I want to create honest feedback and transparency.
Currently it seems that the price is consolidating in this triangle, preparing for it's next move.
Price has to break the 1.65 resistance zone to create a bullish outcome, the SEC case is still ongoing but Ripple is making small victories.
When winning the case this would create a flood, however do take preauction!
We still have the Weekly Support one of 70 cent, and this hasn't been retested, on the other hand we might see a retest of 1.40 on the 4H chart.
I do see long term a lot of bullishness for XRP:
- It hasn't reached the AHT yet (due to SEC case).
- It has utility & solid project.
- Quicker and way more green than BTC.
We should see further than the narrative "it's bankers coin and not decentralized" -» Banks are still a huge part of our financial world.
It all hangs in the balance now.
Kind regards,
Noel
XRP has been consolidating for a while hence I've not being making updates around it.
Sometimes it's just a waiting game and I want to create honest feedback and transparency.
Currently it seems that the price is consolidating in this triangle, preparing for it's next move.
Price has to break the 1.65 resistance zone to create a bullish outcome, the SEC case is still ongoing but Ripple is making small victories.
When winning the case this would create a flood, however do take preauction!
We still have the Weekly Support one of 70 cent, and this hasn't been retested, on the other hand we might see a retest of 1.40 on the 4H chart.
I do see long term a lot of bullishness for XRP:
- It hasn't reached the AHT yet (due to SEC case).
- It has utility & solid project.
- Quicker and way more green than BTC.
We should see further than the narrative "it's bankers coin and not decentralized" -» Banks are still a huge part of our financial world.
It all hangs in the balance now.
Kind regards,
Noel
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