This is a straight up analysis of XRP. Observing a larger view, we can see that things are in fact turning around. By "Turning around", I mean completing the bottom. I honestly think that we will not go lower unless we see something drastic happen that effects the entire world but per my analysis we are legging up.
The fib retrace through out this dip tells me so as well as some levels of buying and selling that I have observed. View the highlighted area to support the bottom and last leg up we've stepped and established support at before deciding where the price should head.
With everything going around now and gold and silver being hard to come by may lead people to digital currencies for a store of value. An asset in THEIR possession.
It is a tough idea to grasp but so is the entire world being in a pandemic causing the entire global financial infrastructure to come to a complete halt.
The crypto sector will definitely be seeing an uptick especially how people have seen it act over the last month or so in comparison to the stock market.
Please like, share, and follow.
Also, I encourage you to criticize anything about my view.
Join my discord server for a closer look at the markets - 24/7 --> discordapp.com/invite/AkmMc89
The fib retrace through out this dip tells me so as well as some levels of buying and selling that I have observed. View the highlighted area to support the bottom and last leg up we've stepped and established support at before deciding where the price should head.
With everything going around now and gold and silver being hard to come by may lead people to digital currencies for a store of value. An asset in THEIR possession.
It is a tough idea to grasp but so is the entire world being in a pandemic causing the entire global financial infrastructure to come to a complete halt.
The crypto sector will definitely be seeing an uptick especially how people have seen it act over the last month or so in comparison to the stock market.
Please like, share, and follow.
Also, I encourage you to criticize anything about my view.
Join my discord server for a closer look at the markets - 24/7 --> discordapp.com/invite/AkmMc89
