Technical analysis by chestephens1 about Symbol XRP: Buy recommendation (3/25/2023)

XRP has been on a consolidation path for 60+ days before this breakout from .37 This initial breakout attempted to test .49 and failed from the .37 breakout. we retraced back to .42 to gain some liquidity and fuel for a second bullish test of .49 we are now in a new liquidity range of .452-.456 (.448 super liquid dip) Once we breakout of .456 and can make a new support level of .46 we will be on our way to .49 and my target of .81 by late June 2023 We could dip once again to .42 before we rocket to .49 XRP and RIPPLE's SEC case is coming to a close during the q2 2023 timeframe. It may be pushed up to the Supreme Court for additional oversight. Coinbase being dragged into a SEC probe can fuel more pressure for this bullish outbreak. Research ISO2022 XRP will be the new standard of crypto for payments worldwide. Once this gov case is closed this will provide more clarity on the newfoundland of digital currency Patience. Consistency. Discipline. ****NOT FINANCIAL ADVICE****Broke out to test .49 BUT once again it failed. Looking for a mini retrace .460-.449 zone. Monthly close on friday 3/31 will give major insight on where the bottom can be priced in. Hopefully looking to close 3/31 at or above .46