So BTC is dumping, and it comes as no surprise, because we saw in the last weeks that it was printing a bearish rising wedge on falling volume and on
top a strong bearish divergence in the RSI on 1d-1w timeframes.
XRP now is dumping stronger than other alts. What is going on? Why? Will this be the end of XRP? Will the XRP bullrun be over now?
Well, we can always look at the past.
XRP likes to do these things. Even in rallies, it always likes to make extreme dumps and dump more than other alts, to make people
feel insecure.
Even in rallies, XRP is a real b*tch.
In early 2017, we can see a similar structure to now.
It started rising slowly at first, and then after the first strong runup, it made some pretty insane dumps, before then continuing even higher.
I assume something similar will happen.
XRP wants to get rid of all the weak hands on the way to the top.
I said it many times before and I will say it again: XRP is the HARDEST and most DIFFICULT coin to hold of all coins.
It is brutal, it wants to crush you, it wants to kick you out, it wants to make you sell.
But: If you are disciplined and strong of mind, you will get insanely rewarded. INSANELY rewarded !
So be patient please :)
I assume that within the next 14-28 days, XRP will resume the uptrend in a quite aggressive and unexpected manner.
By June I think we will see ATH levels for XRP, so 0.0002 levels.
Maybe with luck, like Doge, it might even do a new ATH. If yes, this will bode really well for the final XRPUSD price in late 2021, when BTC hits 200-300k.
Many people won't believe their eyes, what levels XRP might hit, if BTC will really go as high.
So, don't let yourself be discouraged by XRP. XRP is just being the usual b*tch. But we know that game by now. We have grown accustomed to it, and we shall hold XRP until the very end of this bull cycle!
(I will say of course exactly when I'm going to sell all my XRP, but this time is still at least 4-6 months away).