The last time I posted an XRP chart, the price spiked up to $0.33 testing the top of the downtrend just like clockwork. On that chart, I called this next price movement, you can check that previous post I linked it.
Anyways, price has gone up and retested the downtrend, but this time instead of wicking it and heading straight back down, it looks like we have a slow and gradual spike up. Because of that now the price broke the downtrend and is having a hard time breaking back down below the downtrend.
This next week will make or break the price for XRP, there has been such bullish news around XRP like Bank of America testing out the XRP network for payments as an example.
If you know me, you know I prefer Ethereum over XRP, but right now there isn't a single coin that has more upside potential than XRP.
I expect XRP to have a huge upside movement next week, its primed and ready to take off. All the stars are aligning.
On the flipside, if XRP somehow breaks back down below the downtrend, it will hover in there between the weekly hold and the downtrend until Sunday night when the new weekly candle forms. From there, it'll break out again and give us a huge upside movment.
As always please do your own research, I am not a financial advisor.
Anyways, price has gone up and retested the downtrend, but this time instead of wicking it and heading straight back down, it looks like we have a slow and gradual spike up. Because of that now the price broke the downtrend and is having a hard time breaking back down below the downtrend.
This next week will make or break the price for XRP, there has been such bullish news around XRP like Bank of America testing out the XRP network for payments as an example.
If you know me, you know I prefer Ethereum over XRP, but right now there isn't a single coin that has more upside potential than XRP.
I expect XRP to have a huge upside movement next week, its primed and ready to take off. All the stars are aligning.
On the flipside, if XRP somehow breaks back down below the downtrend, it will hover in there between the weekly hold and the downtrend until Sunday night when the new weekly candle forms. From there, it'll break out again and give us a huge upside movment.
As always please do your own research, I am not a financial advisor.
