#XRP Analysis from Ichimoku perspective 💥
Interesting developments for #XRP on the Monthly chart :
- Huge breakout of Tenkan 🔴
- Retest of it
- Wyckoff check of the W structure ✅
- Behind, Chikou 🟠 is retesting its Tenkan 🔴
Next targets 🎯 would be :
- $0.60
- $0.81
- $0.98
- $1.03 - $1.07
- Kijun 🔵 currently at $1.12 would be the strongest resistance.
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Looking at the previous fractal, which took three months to break out and comparing it to the current 4 months fractal, I am estimating this breakout will take us to at least $5.10 for #XRP!
- For the first two airdrops (XRP, SGB), you needed to hold your XRP on a snapshot date on Dec 12, 2020
- For ExFi you need to hold SGB/WSGB on Dec 12th
- For Solo you need to hold SOLO/XRP on Dec 24th
For some ADs you need to set up the trustline (@XummWallet or @xrptoolkit)