Technical analysis by arbtrader about Symbol XRP: Buy recommendation (10/6/2022)

Previous cycle has been overlaid onto the most recent chart on daily timeframe. If we're entering a extended cycle we could see a further and continued break targeting ATH and above.Second week December around 14thTarget $3- $4 for XRP ( 10-15x from lows 0.29c)Fundamentals- SEC ruling news due around this period. This trade idea is a bit of fun so don't pile everything into XRP.bull run for XRPstart around beginning of December to around 2nd week of Feb.Chart is still playing out as we speak. Just placing an update as we could see a break out in next few weeks 10-25x if history repeatsTrade is still active and we are still above water. We have crossed over 200 ma on the daily close and pulled back to test it. Looking for a retest/bounce from here for further continuation of the upside.