Giant XRP wedge might finally break to upside
This giant XRPBTC wedge here, which has been in play since 2 1/2 years now, is about to break.
I think that initially XRPBTC will rally, but then BTCUSD will start pumping, prompting XRPBTC to dive again, and retest the previous resistance of the wedge, now become support.
Then at some point, around the time BTC will reach ATH levels in 2021, around 100-200K prices, XRPBTC will start a sudden burst to the upside with the usual insane speed as we came to know from altcoin pumps in the BTC peaks at 20k, at 1.2k. It happens every time in a very similar way.
I expect XRPUSD to hit around 30 USD in late 2021.
I think that initially XRPBTC will rally, but then BTCUSD will start pumping, prompting XRPBTC to dive again, and retest the previous resistance of the wedge, now become support.
Then at some point, around the time BTC will reach ATH levels in 2021, around 100-200K prices, XRPBTC will start a sudden burst to the upside with the usual insane speed as we came to know from altcoin pumps in the BTC peaks at 20k, at 1.2k. It happens every time in a very similar way.
I expect XRPUSD to hit around 30 USD in late 2021.
Kommentera:
PS: Giant bullish divergence on weekly RSI.
Kommentera:
It is gaining speed now. Break to the upside out of the giant falling XRPBTC wedge is now CONFIRMED.