XRP: No Real Limit, New All-Time High, Support Levels & More

2 dic

There is truly no limit as to how far up it can go. What if XRP is on a trajectory to reach $30, what then? Do you think it would be thinking about retraces and corrections? Of course not...

There is only one reason why XRP wasn't growing really strong, and that was because the SEC was blocking it and everything that came together with that situation. With the old-SEC out of the way, there is nothing going against XRP or the Cryptocurrency market for that matter. In fact, we know we now have favorable conditions developing for us, so we can expect, aim at and hope for maximum growth.

Let's see if the chart agrees.

The Fib. extension numbers can help us project future resistance points, but there is nothing in the laws of nature that says that a trading pair, a Crypto, an Altcoin, a project, needs to stop at a certain price. How far up a pair goes will be fully decided based on the market, based on demand and maker dynamics. The more favorable the dynamics, the greater the potential for growth.

We are looking at the monthly timeframe. XRPUSDT closed November as the first green bullish breakout month coming out of a weak period since March 2020. That is to say, this is the start. November 2024 marks the beginning of the full-blown bull-market.

This month, December, starts green with great momentum. This is strongly positive and signals that we are likely to see continued growth. Retraces should only be momentary and any drop should be bought; I repeat, any and all drops are an opportunity for buying, because we are looking at the market based on the long-term.

Resistance turned support.

XRPUSDT conquered two major resistance points so the short-term support levels are now higher. Trading above 1.96 is ultra-bullish, above 1.60 also. The main major support is 1.325 but this isn't likely to be tested, the chart is pointing straight up.

We are bullish; the market is bullish and we will continue to be bullish for as long as the chart says so. This is only the beginning and we are ready and fired up to receive all of the abundance that this market has in store for us.

This is it. This is the opportunity of a lifetime. History in the making. A new form of money. Crypto is the evolution of money; buy and hold.

Namaste.

2 dic

Nota

Amazing. It keeps growing. Soon to reach $3. Likely today.

3 dic

Trade attivo

The $3 target is now very close.

While there can be some rest on the weekly once this target is hit, if we consider the monthly, there is room for prices to continue straight up. Consider the bigger timeframe when making any moves. We continue 100% bullish.