E XRP Started Its 10-Fold Rise … Today

We called it ‘the most contrarian crypto call of 2020’ in our XRP forecast as well as in our 2020 cryptocurrency market forecasts. We obviously refer to investing in XRP, and the expected price move of XRP in 2020. There is consensus in the disbelief in XRP. The argument being used by the ‘naysayers’ is that XRP has been flat, even weak, during 2019 so it is a low value crypto with a mild to bearish outlook.

At InvestingHaven we run the first premium crypto investing research service in the world, and our analysis clearly says the opposite. We have been on record with details written in many thousands of words to our premium crypto members about the great prospects of XRP because it was flat in the last 18 months. The combination of fundamental strength in terms of adoption, as well as the flat chart setup, was the #1 reason to believe in a great outcome. Today the market is proving our call right, and we are on record calling for the start of a 10-bagger rise.

By far the most conflicting view comes from the interpretation of the long term XRP chart.

The long term XRP chart featured below is one that we ‘steal’ from our cryptocurrency library in our premium crypto investing service. What’s the message of this chart?

  1. The downtrend is over if today’s session closes above .2497, as well as the next 3 days close above that same level.
  2. The bottom of December 2019 was the absolute bottom. Yes InvestingHaven’s research team is on record with this market call.

Any chartist will see that XRP is ready to aggressively take out this level today, is what we concluded in XRP Giant Breakout Starts Now which featured this chart.

This brings us to the key of XRP: the long term consolidation is THE most powerful setup that any investor can imagine.

Let’s put this differently: any experienced investor, and any experienced chartist, becomes ultra-excited from a setup like the one above shown above.

1 2 3
View single page >> |

Disclaimer: InvestingHaven.com makes every effort to ensure that the information provided is complete, correct, accurate and ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.
Alexandra Gray 1 year ago Member's comment

I've really soured on cryptos as of late. I just don't know enough about them and there's so many cryptocurrencies and new ones popping up all the time. It was easier when it was just bitcoin.

IB Trading 1 year ago Member's comment

#Ripple is worth a closer look. $XRP-X