Hey there! I sometimes reach you via our website. So welcome back!
It has been ages since we were waiting XRP to come up with a price break. We mentioned consistently that the Wave lengths are so long which lasted years for XRP to finalize the Grand Wave ABC. So it is exciting to see the current performace.
1. XRP in the Daily Charts
Today, I have shared below analysis with you around 8 hours ago. I have mentioned XRP possible touch on $0.76 where we hit $0.7717 just couple of minutes ago while I am writing this post. So the possibility of proceeding beyond $0.76 cents increased.
Technical Analysis by DefendDark, all rights reserved.
2. XRP on the Monthly Time Frame
I mentioned weekly and monthly time frames are Bullish on XRP considering RSI performances. And I expect Monthly indicators to turn UBER BULLISH by eliminating $1.03. Remember after eliminating this level, XRP will be extra ordinarily Bullish (due to some indicators, pending for confirmation)
Technical Analysis by DefendDark, all rights reserved.
One of the other critical level is at $1.30. Strange isn't it? We discuss more on 1s and 3s but it is what it is. You can check yourself by identifying the resistance levels on the monthly time frame. You must find the same outcome. So, Key levels are $1.03 and $1.30 for now.
As you are aware, the 3rd Wave initially targets $1.88 and could extend upto $18.22 (not financial advice)
3. XRP/BTC Pair On Fire
I like saying, "Yeah we discussed very much in advance."
And yes, we have 100% identified the reversal on the XRPBTC pair in June this year. Look at this chart now: Do you remember?
Technical Analysis by DefendDark, all rights reserved.
This chart alone is telling us that XRP is appreciating against Bitcoin. This had the early indications in June where we addressed. And after having double tap, it is confirmed that XRP HAS RETURNED!
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Cheers!
Dark
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