So XRP has been making this bug bullish triangle here.
Ripple is also respecting Fib retracement and right now this resistance line is 0.78 which means... if we break this resistance at .65 we could see huge movement up to the resistance of the triangle...
Will enough volume, we could see XRP fly through the triangle and we could see the price at 0.8-0.9
If it gets rejected at the resistance we could see a breakdown and later a bounce back from the double resistance.
These are 4 scenarios that could happen...
The red one is the most pessimistic and least realistic in my opinion...
In long term, I am still super bullish on XRP and hopefully, we could see the price at 1 Dollar soon.
Ripple is also respecting Fib retracement and right now this resistance line is 0.78 which means... if we break this resistance at .65 we could see huge movement up to the resistance of the triangle...
Will enough volume, we could see XRP fly through the triangle and we could see the price at 0.8-0.9
If it gets rejected at the resistance we could see a breakdown and later a bounce back from the double resistance.
These are 4 scenarios that could happen...
The red one is the most pessimistic and least realistic in my opinion...
In long term, I am still super bullish on XRP and hopefully, we could see the price at 1 Dollar soon.
