Hello, continue reading this analysis if you see BTC.Dominance is bearish to 25-30 and bitcoin would range in 40k-45k.
XRP potential upcoming bullish news is on the way and high chance to win the SEC case.
Trendline area must break to tell you that we can consider 0.5$ a lower high and wait for the huge leg to 2.4$ which is located on the upper channel.
It takes a long time for a normal bullish channel to complete, 3-9 months but it's crypto and hard to tell.
Not winning the SEC case can override this analysis and drag everything down.
Please share if you agree.
XRP potential upcoming bullish news is on the way and high chance to win the SEC case.
Trendline area must break to tell you that we can consider 0.5$ a lower high and wait for the huge leg to 2.4$ which is located on the upper channel.
It takes a long time for a normal bullish channel to complete, 3-9 months but it's crypto and hard to tell.
Not winning the SEC case can override this analysis and drag everything down.
Please share if you agree.
Comment:
Mistake! HL changes to LH in the chart.
