XRPUSD is approaching a major support zone. Price has not gone under the .12000 price level in over 5 years!
As you can see in the past, price has ranged for roughly 200 - 900 days after a bearish cycle took place. I expect price to range for 200-900 days on the .12000 price level before we enter into the next bullish market.
My take profit will be at .131900. This is where price will meet a strong resistance level as you can see on the chart.
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