Hi Everyone
In today's analysis, we take a quick look at XRP. The altcoin market is following Bitcoin at this point so it is only natural for us to take a quick look at the Bitcoin chart as well.
Our first sellwall is to be expected around $1. A retest of support at .80c zone would be healthy, but this will depend on how Bitcoin reacts at next local resistance $45k-47k.
All in all, I believe the next altseason 2022 is going to be EPIC as crypto adoption increases. We're still early, but we must be patiently early.
Best Regards
Ev
In today's analysis, we take a quick look at XRP. The altcoin market is following Bitcoin at this point so it is only natural for us to take a quick look at the Bitcoin chart as well.
Our first sellwall is to be expected around $1. A retest of support at .80c zone would be healthy, but this will depend on how Bitcoin reacts at next local resistance $45k-47k.
All in all, I believe the next altseason 2022 is going to be EPIC as crypto adoption increases. We're still early, but we must be patiently early.
Best Regards
Ev
