XRP SHORT TERM ANALYSIS
The chart speaks for itself.
Classic ABC correction with 5 waves within each wave occurring on the weekly. As stated before, I expect XRP to hit the .25 cent region before it regains any significant bullish momentum.
In addition, a strong dollar (DXY index) indicates bearish times for the cryptocurrency market, with Bitcoin going as low as $13,500, Ethereum going under $1000, and the alt coins following with severe bearish momentum.
I expect a new bull run in 2024-2025 and I am bullish LONG term.
Classic ABC correction with 5 waves within each wave occurring on the weekly. As stated before, I expect XRP to hit the .25 cent region before it regains any significant bullish momentum.
In addition, a strong dollar (DXY index) indicates bearish times for the cryptocurrency market, with Bitcoin going as low as $13,500, Ethereum going under $1000, and the alt coins following with severe bearish momentum.
I expect a new bull run in 2024-2025 and I am bullish LONG term.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.