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XRP
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XRP Long Term Bullish Outlook

By Valentv
Updated
XRPUSD long term is very bullish.

I measured that we will hit the target profit $27 around early to mid 2025 based on the previous 1 year pole. You can see the formation of rally-consolidation-rally with a bullish pennant consolidation. RSI is looking good too, i'm certain it will close with a crossing but you can wait until december closing to make sure.

Also outside of technical analysis, xrp or ripple is very good fundamentally and narratively. The narrative of CBDC will be major if the world government implement this globally, i think it will be implemented in 2024 or 2025. It's best to buy XRP now.
Note
RSI closed with a crossing indicating a potential bullish outcome.

I am certain that we will break and close above the upper pennant trendline.
Bullish PennantconsolidationFibonacciOscillatorsPennantpennantpatternrallyripplexrpxrpusd
Valentv
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