markfranklin1987

A further idea of a bullish outlook for XRP

Panjang
Based on a long term trend line which bottomed at COVID low, this trend line has held ever since. We are currently approaching a pinch and I would consider the likelihood of upside as opposed to breaking this long-term trend an almost definite possibility with potential targets of ~$1.20 in the coming months with aims of reaching the downward forming pendant in time for the next halving event. As we can see for the scaled circle areas these sections are starting to look very similar and XRP rising to $1.28 over the coming weeks would confirm this idea.
Penafian

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