XRP seems to cycle along a 260 day frequency. 260dHz ;) XRP hits a new high based on how the bottoms trend between cycles. If there are higher lows as seen between the the first two peaks, XRP will set a new higher high. If the lows are trending downwards to lower lows, XRP tends to set a lower high along this 260dHz frequency. The current trend is setting higher lows since the previous cycle completed. This potentially sets XRP up to set a higher high than the previous 0.34681 between Oct 15th and Nov 28th. Previous higher lows trending between cycles from May 17th 2017 to Jan 3 2018 led to a 740% higher high. This would set XRP up to $2.56 (7.4 x 0.34681) by the end of November.
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