XRPUSD Path to 0.9200

The 1W pattern on Ripple is a parabola. With 0.24717 holding since August 2018, an upside momentum is being built. That is largely thanks to the double bottom at 0.28600 on December and January. As long a 0.28600 holds, I expect the parabola to trade the bullish sequence in a similar fashion it traded the bearish, making a symmetrical pattern. This has the potential to hit 0.92000 before the end of the year.