*NOTE* I am not an XRP fan but I do hold some just for this nice pump that may happen. I will be moving this pump back to my BTC and ETH as soon as indicators tell me too on the daily (RSI, Stoch RSI, MFI) Remember, take calculated risk with indicators, not with emotions!
Just updating my last chart with more details. My last chart shows the same thing, but I missed some important details. If we follow the past, we tend to wick down 15-35% before we run up to 2000% - 10,000%.
1. First cross, we first wick down 15% before exploding 10,000% 2. Next cross, we wick down 35% before exploding over 2,200% 3. During the cross of Stoch RSI, we see that the monthly candle is under the trend line! If it follows the past, we will pass it in a month or so.
Would we wick back down 15-35% next month before shooting up??
Target buys: .33 - .40 (Which corresponds to Fibs Retracements, and the .33 corresponds to the 21 EMA.)
Again, not financial advice, and I am not an XRP fan, but looking at the charts... we are going to moon in the next month or two!!! Good luck! ;)
"Show me the charts, and I'll tell you the news" - Wes Carlson "Be fearful when others are greedy and greedy when others are fearful" - Warren Buffet
Very reasonable thinking about XRP ! Thanks for your analysis!
PensieriParole
⋅
I like what you say, but how would be possible with all this bad news? Sec will take such long time to sort out ...
jaydee_757
⋅
@PensieriParole, "Show me the chart, and I'll tell you the news" ;) I use to listen to the new and it rekt me.. I take calculated risk now looking at indicators.. Also, "Be fearful when others are greedy and greedy when others are fearful."
PensieriParole
⋅
@junie757, love what you say, thanks junie, do you think it could drop more before bounce in april?
jaydee_757
⋅
@PensieriParole - if it follows the past.. next month will have a dip befween 15-30% correction. if it does, im buying it at the Fibonacci levels. (.33-.40)
PensieriParole
⋅
@junie757, thanks appreciate
SDlektric
⋅
@PensieriParole, Who knows - the recent news sound like a surprise is not unlikely. And in the past prices were pretty unaffected by either good or bad news. It's usually really in the charts.
kryptokoala303
⋅
BIG thank-you for sharing this! [fingers are crossed!]