This is not financial advice, JUST AN OPINION.
We are technically in the mother of all triangles. If XRP breaks out of this triangle, there could be a 1000 percent gain against bitcoin. WOW.
We are technically in the mother of all triangles. If XRP breaks out of this triangle, there could be a 1000 percent gain against bitcoin. WOW.
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This will be the test of time. Does XRP have what it takes to bounce back from its sliding valuation against BTC? Well, unless you believe that XRP will go to zero (and you truly are a bonehead), then obviously at some point XRPBTC valuation will rebound toward long term equilibrium.
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And anyone who thinks my bottom support line isn't PERFECT because it is not touching the December 2017 point directly.... IT DOESNT HAVE TO. Lol. Its more of a support zone and smart money often overshoots or undershoots those zones - because they know that liquidity will be better in front or behind that zone.