XRP Price Action Looks to be Setting up for a Rise to 2 Dollars

28 May 2023

We have a 3 Rising Valleys Pattern that has recently formed on the weekly timeframe, and we recently had a confirmed weekly Bullish Engulfing; if XRP manages to get back above 51 cents from here then it will likely begin to move fast towards it's last swing high of $1.96 but at the same time this is XRP we're talking about so it could go much higher because it is trading within in a massive macro consolidation wave structure on much higher timeframes and I have projected could take XRP up to as high as $120.94 whenever XRP truly decides to get going which can be seen here:

14 Tem 2023

Not

Could see it come back down to test the breakout point but for the time being it looks like whatever pullback it gets, it will outperform the macro.

21 May

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