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Technical analysis by eddieelsewhere about Symbol XRP on 5/24/2024

https://sahmeto.com/message/3367376
eddieelsewhere
eddieelsewhere
Rank: 23348
،Technical،eddieelsewhere

XRP price action has been boring to say the least though the charts speak volumes. 7 years of accumulation about to explode with so many positive catalysts building up. If history were to repeat itself I would expect a monster wick down before any substantial directional move to the upside. This will most likely happen on the SEC ruling. That said, the dip should be very short lived, and then its off to the races. Its all about utility. These are my levels.I should note that this is simply a possibility and that it is of course possible that its only up from here (which would be nice)

Translated from: English
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Signal Type: Neutral
Time Frame:
1 month
Price at Publish Time:
$0.52173
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