We continue looking at the next potential target for the TOP Altcoins within the Cryptocurrency market.
✔️ 2,000,000 billion (2B) USDT minted just now which means that Bitcoin and the rest of the market is set to continue growing.
This much Tether is surely being minted to be able to accommodate the huge demand for Cryptocurrency taking place right now.
✔️ XRPUSDT, we are long 10X on this pair, it is looking good.
The RSI and MACD just turned bullish but the chart signals are not important right now.
These were important before, when there was still doubt and to predict what is taking place, now we know for sure everything is moving up and so we focus on the target rather than the charts.
The potential target is set at 0.736 for this bullish wave.
This can happen in March/April.
The price can go higher or maybe a bit lower, but reaching lower is the less probable scenario, most likely, all these Altcoins might go higher than expected.
Just as when things crash they go for longer than what we expect, in the same way when the market booms it goes higher than what we project.
This potential target and analysis remains valid as long as XRPUSDT trades above its 02-Jan-2023 low.
We are set to move higher after more than five months of consolidation.
Namaste.