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tradeformula
Dec 18, 2018 3:22 PM

XRP's 2017 bull/bear transition Pt. 2 Long

XRP / U.S. dollarBitstamp

Description

Made another video synopsis of the past 36 hrs of XRP, saw the huge lift I had been calling for following the conclusion of the bearish move. Looking for support following this large parabolic push. Look for dips to buy into at this point. Let me know your thoughts, and good luck!
Comments
cjpsurf
Even though I hate to say it I agree with us seeing something within 4-6 months...... I think it's totally possible before that timeframe but 4-6 seems more probable. From a TA perspective I used same type of approach that you used and I'm looking at mid march .......I hope it's before EOY....... lots of people with the riddles and predictions say it's suppose to happen before end of year and we might all be in for a very pleasant suprise.......unless you get caught shorting it:(......would make for a merry Christmas

Kind regards
tradeformula
@cjpsurf, Agreed. I was calling for EOY prior to breaking the previous support we saw in November, I think it might have been a possibility. It's possible that we could see a massive integration, but every bit of fundamental analysis I've see says that banks are implementing xRapid in Q1 2019. I'm alright with waiting another few months, I've already been waiting for 5 years. Fear of getting caught short is exactly why I haven't sold!
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