XRP / TetherUSLong
XRP Bullrun extended?
In the 2017 bullrun Bitcoin hit its high on Dec 16th. Dec 18th was a New Moon (uptrend).
XRP started its march upwards on Dec. 11th 2017 and continued upwards through the New Moon on Dec 18th as bitcoins price was falling. XRP continued to RISE through the Full Moon (downtrend) on Jan 1st 2018 topping on Jan 7th 22 days after Bitcoin hit its top.
It looks like Bitcoin will likely not top on Dec. 4th 2021 which is a New Moon. So will it wait another month for the next New Moon on Jan. 2nd and then XRP top a couple of weeks past that possibly through the Full Moon on Jan 17th 2022? Maybe, anythings possible but...
XRP holders are at an advantage because Bitcoin has tops first in a bulllrun then XRP not long after that so we WAIT until that happens then we focus on an exit.
Price target is still $7-15...personally Im leaning towards $10-$15. This is my opinion and not financial advice. Good luck.
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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.