XRP will be the first Crypto to go corporate. Cue elevator music, we're going to the top floor !
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Some analysis think xrp will test the bottom. I'm counting on it. it's all part of the red fractal
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Looks like the rally came earlier than expected. I thought we'd get a double bottom, but history rhymes, and not necessarily repeats.
NEW PLAN : TP @ 2.2 and rebuy @ 1.2
Reason : Strong resistance @ 2.2 and good support around 1.1
Alot of buyers may be waiting at 1.5, but they can't catch enough sellers who want to TP, plenty of sellers waiting at 1.1 but when fomo hits they'll probably up their buy price.
Of course this can all change if XRP decides not to follow through on my fractal plan.
NEW PLAN : TP @ 2.2 and rebuy @ 1.2
Reason : Strong resistance @ 2.2 and good support around 1.1
Alot of buyers may be waiting at 1.5, but they can't catch enough sellers who want to TP, plenty of sellers waiting at 1.1 but when fomo hits they'll probably up their buy price.
Of course this can all change if XRP decides not to follow through on my fractal plan.
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The pattern is still intact. The big move up will commence after Chinese / Korean New Year.
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The volume is very low. For how long i don't know. Might want to change XRP into other Alts until activity returns