XRP PUMPS HISTORY
First ever pump on XRP/BTC was 200% in 8 days with 2 red days of consolidation in between.20-28th November 2014.
Followed by a slow grind upwards of 80% in 14 days.
Followed by another pump of 100% in 4days only.
Overall: 560% gains in 30 days.
XRP lost all but 5% of its gains in the next 812 days.
Then on the 18th and 23rd March 2017, two small earthquakes of 50% and 60% respectively.
Followed by a 4day 500% pump and a 65% dump over 25 days.
28th April 2017 - Then a final pump of 844% in exactly 21 days.
Then XRP looses once again 95% of its value over the next 209 days.
A bear year.
Spending only 4 days at rock bottom, its shoots straight up by 250% over 3days.
On the 8th of december2017.
5 days of consolidation.
92% pump in two days.
4 days of consolidation.
Final pump of 233% in 8 days.
This main Bullrun event of XRP gave 1580% gains over exactly JUST 30 DAYS
Any drawdown of 20% or more should be grounds to exit the market.
One can always re-enter when there is an indication of upward movement.
However a head and shoulders pattern or triple top with lower highs forming over the course of 7-10 days is indication that XRP is on a long-term downtrend.
EXIT THE MARKET INTO FIAT.
Crypto winter follows with XRP losing 92% of its BTC value over the next 1050 days.
With exception of a rather small and short-lived pump on 18th Sept 2018.
150% in 3 days, losing 60% of its move shortly after. From October 2019 to October 2020 there is little movement in XRP. Almost noone but a few freaks are the least interested… but NOW IT IS TIME TO WAKE UP AND RIDE THE MOMENTUM!
2020 is the RETURN OF CRYPTO and XRP is right up there as one of the first movers and top gainers!
WARNING: XRP keeps losing 90% or more of its own gains a bit like a micro-cap or penny stock; however you do graciously get enough time to move out of asset.
Hence, quick to enter.
No need to panic when exiting.
But do yourself a favor and dont repeat Jan 2018.
This time round: DO EXIT!!!
ALSO, PRACTISE EXITING!
Again and again.