Hey. Wanted to make bullish scenario of what I see right now.
I was expecting expanded flat abc correction here on xrp, but I start to lean towards bullish scenario.. It takes too much time for us to finish that B wave. We are slowly moving higher looking at weekly and that should give us confidence that there's a lot of room for growth..
If that's the case, bottom might already be in and from here on we should start to see some real bullish momentum taking place.. I'm not saying we will skyrocket right away.. But 10-30% daily gains could be seen more often from here onward.
Levels where I would be looking to open longs: $0.278 -- $0.285 (greenish box).
TP: $0.40-$0.41.
Target could be used with measured move or targeting previous swing high. I prefer the latter.
This is not a financial advise. Let me know what you think!
I was expecting expanded flat abc correction here on xrp, but I start to lean towards bullish scenario.. It takes too much time for us to finish that B wave. We are slowly moving higher looking at weekly and that should give us confidence that there's a lot of room for growth..
If that's the case, bottom might already be in and from here on we should start to see some real bullish momentum taking place.. I'm not saying we will skyrocket right away.. But 10-30% daily gains could be seen more often from here onward.
Levels where I would be looking to open longs: $0.278 -- $0.285 (greenish box).
TP: $0.40-$0.41.
Target could be used with measured move or targeting previous swing high. I prefer the latter.
This is not a financial advise. Let me know what you think!
