XRP trendline spanning from 19 Dec, 2014
The big fork starts on Dec 19, 2014.
I don't see XRP price dropping to the lower channel as XRP uses are numerous today comparing to 1,2,3,4 years ago. We're at the lowest point we'll ever be with XRP.
If nothing happens, then by next year XRP will gain 50% according to the trendline.
If something really bad happens, the potential rewards still outweigh the potential loss.
Also, according to XRPBTC, we're also hitting a low point of an upper channel, which means we may have a reversal from the 4 months.
Not financial advice.
I don't see XRP price dropping to the lower channel as XRP uses are numerous today comparing to 1,2,3,4 years ago. We're at the lowest point we'll ever be with XRP.
If nothing happens, then by next year XRP will gain 50% according to the trendline.
If something really bad happens, the potential rewards still outweigh the potential loss.
Also, according to XRPBTC, we're also hitting a low point of an upper channel, which means we may have a reversal from the 4 months.
Not financial advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.