XRP Potential Rejection
We have had a hard time with the 0.70-0.80 region over the past few years.
BTC is in an ascending channel, as is XRP.
Let’s assume both continue.
BTC has major resistance over 55k (my guess is 58k)
A major pull back for BTC may coincide with that same multi year resistance of 0.70-0.86 for XRP.
That could create a big drop for BTC into the mid 20k region, as well as a dump of XRP to the 0.33 region.
That would prime XRP for a historical pump back into the ATH territory.
Just take a look at the previous huge pumps, all had a swift correction followed by a massive breakout.
All I have to say is watch out for that $55-58k region for BTC and see how the XRP resistance levels line up with that timing.
If we see 0.33 in the coming week or two, things are about to get very exciting, very quickly...
#lightattheendofthetunnelafterall
BTC is in an ascending channel, as is XRP.
Let’s assume both continue.
BTC has major resistance over 55k (my guess is 58k)
A major pull back for BTC may coincide with that same multi year resistance of 0.70-0.86 for XRP.
That could create a big drop for BTC into the mid 20k region, as well as a dump of XRP to the 0.33 region.
That would prime XRP for a historical pump back into the ATH territory.
Just take a look at the previous huge pumps, all had a swift correction followed by a massive breakout.
All I have to say is watch out for that $55-58k region for BTC and see how the XRP resistance levels line up with that timing.
If we see 0.33 in the coming week or two, things are about to get very exciting, very quickly...
#lightattheendofthetunnelafterall
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