As discussed in our original XRP analysis last week, we mentioned that 40-50% upside could be brewing. If we take a look at the XRP price action the last 5 years, we can assess the 100 day moving average. The last few times XRP has accepted these resistance levels, it has rallied substantially. In our full XRP analysis , we again outline the chart and show you how the key level was just confirmed early this morning. One can argue that the XRP bull case has now been triggered. This is nothing new... for the last month now, XRP has been building up momentum despite Bitcoin and other altcoin losing market dominance. The bull case is coming to fruition.
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Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice. This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.
