"I am not surprised if we bottom in Q3 or Q4 2019", that's what I said. We are going to find support at $5000s and if we can't hold then a massive, but quick sell to $2000s will follow. The ultimate GROUND ZERO where people will reject Bitcoin, cause they think Bitcoin is dead, but big players will go all in!
As I said last month that XRP would go up to 100% in May, taking XRP to 45c or 60c and now the first target has been reached and we might see it going back down to 30c range again. There is still a lot of space for xrp to accumulate and the same happened with bitcoin before it capitulated from $6000 to $3000. So even if there were a lot of good news about...
Let's not forget that xrp price to almost $4 was pointless in the last bull run in 2017 as well as the other 99% of the coins had no reason to rally! Maybe only Bitcoin had the reason to rally, but other coins... well of course not! Now XRP has a real utility. Do you understand that in a psychological level? XRP will rise from the ashes and become what it was...
Like, comment, share if you agree with me! I just can't see it going to $10,000 in this year or $1,000,000 by eoy 2020. Everyone is saying we are going up, but they said that the lasts 20 times too. Everyone is afraid to be bearish because everyone is bullish and they don't want to delude themselves if bitcoin goes up.
Reverse future (alternative point of view).
I see it going down to $4100 (retesting the EMA200). If it holds then the bear market is over and it confirms 3200$ as bottom.
Following the simple xrpbtc chart, xrp just touched a major support line. The last two times when it touched, brought xrp up by 1500% in the last bull run and in the second time up by 160%. This could take xrp to 45c and 60c.
This is my view of what could happen in the near future.