The sentiment of Xrp's long-term trend line upwards tells us where we'll be in the coming months. We have the expected low trend, and then we have the actual lowest trends that Xrp has tested over and over.
If Xrp retests these lows in the next 2 months, we should expect the long-term trend line to be higher priced.
Come January 11th, Xrp shouldn't drop below...
- I believe a 5th wave is still incoming on the Elliot wave theory, just stay grounded everyone, we are in this together, please have a long term outlook on the market and understand that crashes are required for massive pumps, a healthy market cannot keep going UP!
- As you can see XRP broke that small trend line to the downside, meaning that XRP could consolidate above the trend or start moving up higher.
- Or we drop a little lower and reach $0.52 (£0.38p)
- As we can see XRP dropped heavily before shooting up.
- We could see the same thing here and we will see people FOMO into XRP and the price will sky rocket before it comes crashing back down.
- As we can see XRP is sticking to the long term trend
- It has bounced to the upside nicely
- We firstly need to break the all time high to then go on a massive rally to the upside.
- Mass adoption and a win in this SEC lawsuit case could cause FOMO to kick in taking the price to $20 (£14)
- EXTREME FEAR is here again, HODL strong!
- the SEC case will be resolved sooner or later!..... will you hold on strong!
- REMEMBER to make wealth you have to be patience, its a really boring process!!
- As you can see every time XRP gets into a descending triangle there has historically always been an upside!
- The first pump in 2017 it did roughly a 6,000% move to the upside! If it was to do something like that we could see XRP at around $40-50 a coin!
- The second move closer to December 2017 it did roughly another move to the upside of around 1,200% which...
As i mentioned in the previous analysis if it breaks the triangle our next target would be 1.80 so now pack your bags it's the time
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