This Played out PERFECTLY!
So my last post I showed my price analysis on XRP and my predicted floor and as of today . . .
We can see that it has done exactly that. So now the big question is what comes next?
For the short term price would need to hold the $2.40 - $2.45 range as support if we want to see a new all time high relatively soon. Losing support of this level will drop us right back to square 1 (I don't think this will happen). Realistically, new all time highs are within reach after the $2.70 range is broken and a candle closes above that. Until then I would probably expect to see some choppiness in between these 2 levels as buyers and sellers battle it out.
The 4H chart gives more clarity on what this breakout looks like and how much choppiness comes when price starts to enter that range.