I am anticipating a lower low to form here on the XRP BTC chart at around 2200 satoshis. I believe this will be necessary to kick start the next bull run for XRP. We could see a run up from here but the key is to look for big bullish volume at the low or through resistance as confirmation that the bottom is in. This has still yet to be seen. A lower high forming on another slow crawl up between here and 3000 To form yet another lower high will set up even lower targets.
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XRP is looking strong. It would not surprise me at all if XRP has already reached its satoshi bottom. Still do not have confirmation with volume but I am already long and have been since the 2500-2600 range. However I am still anticipating some type of big wick to the downside on the larger weekly or monthly time frames before the ship sails away.
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I believe we will see the move down within a month.
