Waiting for the catalyst

We had pretty nasty selloff in past few weeks and XRP is currently sitting on previous cycle low. Ideal scenario would be if XRP would hold 59 cents on daily chart. There is still time for bottom to form and I'm expecting 4+ more days of sideways consolidation before any impulse. Ideal cycle bottom should form around 9'th of February so potentially there is one last capitulation on the horizon, hopefully this move will not cause close daily candle below 0.59$.

We are expecting some catalyst for crypto ( Biden's administration ) which can be the trigger for correction of bearish move on BTC what should also mark the bottom for BTC and altcoinseason start.

XRP support: rHAYvYVZ7MzehyDB9ck57VfxtPndQp7YwG