Looking at options based on the new break above the current bear market. Using 2014 bear market as a template for outcomes in the coming year or more.
Multiple possible scenarios based on the 2014 correction and current support levels.
Just Wedge Things - these corrections in the market are all fine, very predictable and part of this consolidation period. Looks to me like the real bull market won't begin until July or beyond to me, unless there's a sudden rush of enthusiasm in the news before then.
Looking positive and yet to really pump like the other major alts in this bull market so far. I hear good things from them at Concensus - so I'm bullish on this seasoned project.
Amazing gains over the last few weeks - looking like 5th wave have been achieved and now correction looks due. Try and pick this one up cheaper in a few days.
Target would be around the 13000 sats mark
Clear repetition of log chart patterns going back months / years. This time it's slightly more prolonged and could well be the end of the cycle - but looking very strong fro another push upwards. Fingers crossed.
The projected lines are just sketches to indicate a general trend within a channel, not mathematically based or meant to be accurate enough to trade from.
Just Like XRP at the moment DGB has found an unbreakable upward lower trend that has lasted weeks now. I think it'll stay in a narrow range for this weekend and begin a slow climb early next week before struggling to break that previous 1500 sat high for a while. Look for a breakout above that for serious gains afterward.
It seems as though XRP has found a solid lower trend that it won't break below so, given that the trend holds true, it should continue to bounce upwards along it for the near term.