Hello Traders, this is my analysis on this Pair.
On the Monthly Timeframe, Price is currently retracing after a strong bullish Impulse
On the Weekly Timeframe, Price is currently creating a bullish candle, the close of this week will be vital, therefore I will monitor price action around this level.
On the daily Timeframe, Price is inside a supply and Demand...
If we finished the wave C, then we are now going up slow slow slow.
we will need to see the price going up and cross the white triangle. maybe we will need 2 weeks, lets see
hopefully our market cap comes back to help our wishes come true!
These long term levels still holding in crypto.
XRP crashed down to 70 cents, a key previous resistance level several times.
A long wick was left behind as investors flocked to buy XRP back up.
We are currently testing the 1$ mark looking to push higher as the crypto resurgence continues!
Did you catch this entry?
One year from now and all coins will get back to 2017 prices, BTC will worth $800 probably.
I will try to keep this updated and count the waves but you get the point here...stay safe till end of next year .