XRP IDEA (LONG TERM HOLD- 7+ years)

1 Jan 2021

Here is my analysis for XRP! Despite the SEC lawsuit, I choose to ignore it as I see news as an excuse for market manipulation... I believe 0.17 was the bottom, if it breaks below that, I will reanalyze. As it stands, I believe xrp has to first touch 0.26 and retrace in order to push up further. Higher-lows are being made, and we broke a 1HR range (currently looking for a retracement to 0.225 range)! Once again, this is just my opinion! Comment below what you think or if you have any questions about my markup :)

3 Jan 2021

Catatan

trade idea still valid! Was able to get in again at 0.2153. I could see price touching 0.20 then bouncing up completing an accumulation phase! Worst case scenario, we touch 0.17-0.14 range then spring back up after liquidity capture

7 Jan 2021

Catatan

moving nicely! Posted another update!