XRP- TO HIT ATH @ $3.54 IF LAWSUIT ENDSPlease support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
We all know that the ongoing Ripple case. Forecast has been made that the court is going to rule in favor of Ripple and by April 2022, the case should be closed.
Therefore, ripple is expected to explode and hit new ATH.
Right from January 2021, xrp has been in this triangle making effort to breakout.
A bullish breakout from this triangle is going to make price hit ATH at $3.5480.
What do you think?
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Xrpusdforecast
XRPUSD -Daily chart prediction on Feb 2021XRPUSD on the daily chart. Previously predicted bearish movement hit aound $0.55 at the supply zone and bounce back up to around $0.9. Now price predicted to make another dip to hit another demand zone and make Lower Low (ref to chart). It based on Weekly candle that are now seems like rejecting market price at current supply zone (ref to weekly chart-you will see it clearly).
But, if price able to break the weekly supply zone, price might be able to create new higher high. Look at the large flag pattern on daily/week chart - price will go higher than that.
***Just for sharing opinion based on supply n demand strategies, not financial advice. ***
XRP/USDJust some thoughts. We will see if XRP can hold this next support range. This depends on when BTC will begin its initial .702 retracement after indicating entering a bear market. Once BTC begins retracing, we will have entered the official alt coin season, especially for the alts that haven't reached new all time highs this bull season.