In this video we review the recent price action on the Ripple XRP chart to show that we cleared the level we discussed previously. The breakout is 1-step closer to what we are looking for. There are still many resistance levels ahead of us, but, we have to take them one step at a time.
During this analysis, we review the XRP chart and the XRP market cap chart, showing how the last market cycle finished right around now, and began a bull market. We are right on the brink of this timeframe. Will it play out the same? Time will tell us the answer. But we discuss what it was like right before the previous bull market, and how bearish the XRP Community was. And how bull markets don’t last long, they can happen and complete in a mere 1-3 months.
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DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions. You should contact a licensed financial adviser prior to making any investment decisions.