Hello My friends,
In July, I discussed the XRP and BTC pair, specifically mentioning that XRP would regain an advantage over BTC after observing XRP breaking out of its downtrend relative to BTC. And as you can see, it has risen. At present, we are seeing a correction; however, the breakout has already occurred, so the upward trend for XRP is expected to remain intact. Additionally, as you can see on the chart, the price is resting on a strong support zone. The question is, when will XRP's price rise? Based on my observation using the Ichimoku cloud, on September 27th, we will encounter a "cloud twist," indicating high price volatility. Moreover, the cloud in this area is quite thin, creating a good opportunity for XRP to break out. Based on my analysis, I predict that XRP will see a significant increase by the end of this month, potentially reaching the 1: 0.000013 zone. Furthermore, if the market receives positive news, the 0.000015 zone is also within consideration.
I hope my insights will be helpful to you.
Best Regards,
In July, I discussed the XRP and BTC pair, specifically mentioning that XRP would regain an advantage over BTC after observing XRP breaking out of its downtrend relative to BTC. And as you can see, it has risen. At present, we are seeing a correction; however, the breakout has already occurred, so the upward trend for XRP is expected to remain intact. Additionally, as you can see on the chart, the price is resting on a strong support zone. The question is, when will XRP's price rise? Based on my observation using the Ichimoku cloud, on September 27th, we will encounter a "cloud twist," indicating high price volatility. Moreover, the cloud in this area is quite thin, creating a good opportunity for XRP to break out. Based on my analysis, I predict that XRP will see a significant increase by the end of this month, potentially reaching the 1: 0.000013 zone. Furthermore, if the market receives positive news, the 0.000015 zone is also within consideration.
I hope my insights will be helpful to you.
Best Regards,
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