traderxkira

XRP - It's almost time to go LONG AF!

Long
BINANCE:XRPUSDT   XRP / TetherUS
XRPUSDT on Binance, 1 Day Chart

Many could have only have dreamt of being able to purchase XRP back in 2017 & 2018 @ $0.15 and lower $0.006.
Here we are now and I wonder, how many people will actually load up when we go sub $0.20?

I've been calculating a FIB extension from September to November and have continued to watch it play out perfectly.
I suspect $0.15 / FIB 1.618 will be the bottom and prepare the market for a huge 2020.
The sooner we reach the bottom the sooner we can start the next bull run.

RSI is at 30 and could still ultimately drop further taking XRP well into OVERSOLD territory.

MACD is also about to cross towards the downside confirming a huge opportunity to go long.

Get ready for a fun finish to 2019 and an uplifting start to 2020.






Comment:
As previously mentioned, sub $0.20 is now upon us. Still expecting a failed retest of that FIB level (1) before heading down to my main target of $0.15. I'll be going long from there, even if it it goes lower.

My bags are packed and any more XRP I buy at this level is an added bonus and I'm expecting a huge return in 2020 due to BTC halving which historically pumps the market.
Comment:
$XRP can't break $0.20...expected recovery multiple times. Waiting for the second leg down which will take XRP below $0.18 and then to our final target of $0.15. I would expect for the second leg down to occur once BTC reaches $8k - many are shorting here. BTC bottom appears to be at $6300 which aligns with XRP at $0.15 (FIBS 1.618). This should be the bottom based on historical, long term support.

Many are wishing for XRP in single digits but that would take BTC back down to $3k and lower which would destroy the chart (patterns). I don't think this will happen due to the May BTC halving. Typically a big pump occurs after this event....will post another chart once XRP reaches the bottom and starts clawing it's way out of the dark hole it's currently in!
Comment:
Took some time to get to the finish line lol however it's now here. Question is are you long?
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