It could be said XRP is yet to truly participate in this thrilling bull-run. It is one of the only top altcoin to not have experienced a rise to it's previous ATH and beyond. Yes it could be argued that the SEC lawsuit, and its lack of accessibility to buy/sell on world-wide used exchanges have had some what of an influence on its move.
Do I think it will participate and move towards its ATH and beyond?
Of course I do . It's a highly recognisable asset/crypto across the rest of the world deem it not being a security. Ripples work behind the scenes speak volumes, the partnerships and developments are incredible.
What do the technicals say?
XRPBTC can be used as one confluence to determine the strength of XRP vs BTC. As it can be seen, we are clearly in a range waiting to break out. Possible formation of an inverted head and shoulders on the weekly too. The real XRP potential move occurs once we break out of the range shown. In 2017, a similar move occurred once breaking out of the wedge/range. Only when this occurred did a monstrous parabolic move occur. I am excited to see what this brings given we break out of this range. Ideally require a weekly break to indicate we could be due for a huge move.
Trade safe
Sunny Kumar
Do I think it will participate and move towards its ATH and beyond?
Of course I do . It's a highly recognisable asset/crypto across the rest of the world deem it not being a security. Ripples work behind the scenes speak volumes, the partnerships and developments are incredible.
What do the technicals say?
XRPBTC can be used as one confluence to determine the strength of XRP vs BTC. As it can be seen, we are clearly in a range waiting to break out. Possible formation of an inverted head and shoulders on the weekly too. The real XRP potential move occurs once we break out of the range shown. In 2017, a similar move occurred once breaking out of the wedge/range. Only when this occurred did a monstrous parabolic move occur. I am excited to see what this brings given we break out of this range. Ideally require a weekly break to indicate we could be due for a huge move.
Trade safe
Sunny Kumar