XRP is clearly bottoming out and I expect this pair to reach or demand zone one way or the other.
Here I show my personal expectations about where price will go in 2023.
As you can see, the demand zone that formed, is still fresh to be touched and I expect there to be a lot of institutional buyers in this zone.
Ofcourse we will have to take into consideration that Ripple is still in a fight with the SEC.
And I expect that a rumour about Ripple losing, will give us the last push lower, before we will go for takeoff.