Since june 2019 the XRP - token has been in a decline.
As seen, this happened within several steps.
Three steps down, then one long step to the side and up.
As confiance is coming back into the sector of cryptocurrencies the chances are given, that XRP not only will do the same movement as last time, but also will break the resistance (red dotted line) and enter the next zone (green).
In the long run one can see, that the token has had three periodes of decline, each one marked with a falling trend line (red dotted).
If so, the chances are good, that Ripple could do an ambitious rush to approx 0.38$ - 0.43$, about 75% - 100% from today level.
Mark, this is no trading-advice! And is based only on some technical indications.
Three steps down, then one long step to the side and up.
As confiance is coming back into the sector of cryptocurrencies the chances are given, that XRP not only will do the same movement as last time, but also will break the resistance (red dotted line) and enter the next zone (green).
In the long run one can see, that the token has had three periodes of decline, each one marked with a falling trend line (red dotted).
If so, the chances are good, that Ripple could do an ambitious rush to approx 0.38$ - 0.43$, about 75% - 100% from today level.
Mark, this is no trading-advice! And is based only on some technical indications.