XRP correction about to be finished?
Xrp's correction is looking to be finished soon after going all the way from $3.9 to around $1.98 with a low of $1.73, which was started by the Coinmarketcap's exlusion of Korean exchanges in the pricing, which caused tons of FUD making a ton of coins to dip in price.
It does look like the correction for most of the coins is close to being finished though, since we are seeing and uptrend in price starting right now in a lot of coins if we look at the market cap.
Currently it looks like the correction is about to be finished if we look at the triangle that has been forming for a while now. After the correction is finished it looks like xrp will explode in price, since I think that right now it is in the oversold position and if the price starts rising the people who sold will start buying back, because of FOMO.
Source: flaticon
Well I think that the price could honestly rise up to $5 in the coming weeks if no bad news happen in the crypto sphere again. This is mostly, because I believe that the xrp hype will resume after this correction.
Disclaimer: I am not a financial adviser, just another friendly duk, and am not telling you to pour your money into anything. Take everything with a grain of salt.
Enjoy the vote and reward!
I think the pump has run out of gas. I think it is headed back to its long term range of $0.20 to $0.30