Going Heavy on XRP

XRPUSD

XRP has been climbing very strong on heavy volume over the last 6 hours, around 20%. Previously it had been declining for over a year and a halve, and this is the strongest rally we have since September of 2018, so odds are pretty big that this is the start of a mayor rally.

In terms of my Long Term Elliott Wave Count,

, this could be the start of Primary Wave 5, which should take XRP to new all time highs above $3.60 USD.

There are some news: coingape.com/xrp-pri...eleases-xrp-ltc-etn/ , but that is not the main reason for the rally, because Litecoin is also getting listed in the German Exchange and is only up about 4%.

I was expecting this move to occur later this year (Mid-June), but it happens when it happens.

I’m super bullish on XRP right now, and looking to hold it for all this month, and the bigger part of next month.

Good Luck in Your Decisions

Komentar:

We seem to de forming a small falling wedge on XRP in the short term. Will see if it leads to a breakout to the upside.