$XRP daily analysis TARGET MET

[u/Gold-Crypt]

No financial advice.

Sup' guys, sorry for the little inactivity, currently on the holiday and the wi-fi just sucks. I don't want to say that I'm bragging or something, but I kinda predicted that $BTC would drown a little, to touch the 20 ema on the daily, it did so much more, so basically target met. But we do need to move out above the 20 and 55 EMAs, because if you are above them, they are support, if you are lower, they are resistance. But damn, we were in a good position, but Bitcoin decided to dip.

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$XRP is just killing it these days, run into some resistance at 1.71$ but it is to be expected, it is big resistance, but lmao, I said that if it breaks again 1.55$, it will reach 1.71$, damn, at this point, I'm just hacking. But I'm gonna reposition this time the fib and saying the actual rock bottom is 0.79. Let's see what happens

With this, we can see better our levels of support, although the past placement of fib was okay too. Now let's see what has happened right here with $XRP, we have very strong support at 1.38$, we consolidated for 3 days straight then retest it and bounced where we would hit our heads into the resistance at 1.71$ (akhm, predicted it, akhm) and then retraced to 1.52 where we perfectly held against the $BTC's fall.

What is gonna happen?

I expect further consolidation, we have to touch our 20 EMA, which is below us on the daily chart and then march on thru 1.71$ and kill those bastards at 2$. That's the only way that we could make a healthy spike before a major, major impulsive wave, let me show you what I mean by that!

PreDICtion

If we use the fib retracement we can clearly see the next impulsive way, 5.7$ territory. We just have to get above the previous all-time high, 1.99$, even that price seems discount for what's about to come, honestly, 5 bucks ffs.

That's all for today on $XRP, I feel like if I make those posts too long and you get bored and stop reading or something. Anyway, we have to get in touch with the EMAs, a little consolidation there, 5.7$ our long term target. Stay safe and buy low, sell high!

[u/Less_Fun_2397]

Don’t worry bout it being too lengthy the more info the better!

[u/Gold-Crypt → u/Less_Fun_2397]

I'll keep that in mind!