XRP Road to $10 hopium still alive?

20 May 2021

XRP also tanked super hard while BTC correct 54%, but considering the fact that its an alt coin it actually ended up correcting 50% from its previous high. The xrp/usd chart looks like it finished some sort of side ways abc correction and the xrp/btc pair held a higher low (for now). If we hold the higher low and start making for higher highs, we may have a decent roadmap to some insane pumps for the coin. BTC doesn't look ready for a new ATH, nor a new low. A 54% correction is pretty significant for BTC and in the previous instances this happened it had multiple weeks of correction move up. I'm expecting some sort of complex side ways correction for BTC for months before any clear direction. If we are to still assume a super cycle or a 4 year bull cycle, we should consolidate and move up. During the sideways price action, I still think Alts have room to run since their narrative is completely different than BTC. Ideally, XRP will hit mid $3 correct, mid $5 correct, and finally hit $10~ before giving up dominance to BTC. The bullish catalyst of a SEC settlement would be the most ideal scenario in the coming weeks to send it up full. The initial pumps maybe in anticipation of settlement with the actual news sending it to $10.