MarketMinds

Ripple is in a Great accumulation Zone

Long
BITSTAMP:XRPUSD   XRP / U.S. Dollar
Hello Traders,

Ripple is in a huge accumulation zone. Its tremendous volume in recent weeks is remarkable. According to Wyckoff's theory, large volumes generally mean reversion over long periods of trend. We may are near to bull run in ripple.

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Comments

Since 2018. XRPee is a joke! It's Ripple's cash cow.
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@kardia, big boys always punish the impatients. thats how they make money. Only the patient ones will be making money. And you are one of the impatient ones.
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kardia HODLER_OF_XRP
@HODLER_OF_XRP, how patient do you expect people to be? At this rate, we might have to wait 5 years or more for XRPee to make it to a dollar! I got news for you, if things don't pick up soon, XRP will be replaced with something else government owned, and that will likely be the end of your bullish dreams for XRPee.
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@kardia, Its takes as long as it takes. You know, the big boys dont wake up and checking their phone every morning. They do use trading bots with their own algos which are programmed to earn them money. We all dont know their agenda and their code. All we know is, that the trading is following pattern. And as they are diversifying, all crypto pairs nearly follow the same patterns at once. Currently most of the price charts are based on their bots, not on use cases. so either we have to wait until their bots pick up speed again and let the markets explode as it did in 2014 and 2017 again... or we need to see XRP being implemented with the big banks some day. Brad wasnt sitting together with LeGarde and many other mighty persons for fun. But implementation of such tremendous stuff needs time. Maybe we need to wait 10 more years, BUT even XRP in 10 years would earn me 100% of my investment only, it still would be more than my bank is giving me, or even more than gold would have given me! Never forget that! Its still performing better than any other asset or bank interest. You just have to have trust and PATIENCE. And if you only invested money that you actually dont need for living, then do one thing only: stop looking at charts every day. Just check them monthly and relax.. patience will make you wealthier than you are today.
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kardia HODLER_OF_XRP
@HODLER_OF_XRP, I think there are likely far less 'big boys' who care about XRP than you may think. More and more people are moving away from this stuff. As for Brad, I don't trust that guy.
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@kardia, the big boys care the whole market, not a specific asset, thats right and thats part of diversification. Thats the reason why everything drops the same time and everything rises the same time. They invest their money in all assets at the same time and let it trade by bots. And people who are moving away are exactly the "dumb money" that the big boys want to earn money with. You need to understand that we cant do anything against their market manipulation than waiting for them to pump the markets massively again. They have the longer breath. They are having smart money positioned in the market which they can pull anytime and still earning money - from people who say "fck xrp, fck crypto i leave!" thats exactly how they make money throughout all crypto assets. Just dont let them push you out. Massive drops, long bear markets are exactly their tools to achieve this.
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kardia HODLER_OF_XRP
@HODLER_OF_XRP, the fact that we are even talking about 'big boys' in this market is evidence of failure. Bitcoin gives XRP purpose. Bitcoin calls the shots. Not XRP. That's why altcoins move in the same direction of Bitcoin. Bitcoin controls the direction of the market. But there is one big problem. Bitcoin was never meant to be controlled but free. Yet it is controlled. And that is why it is a failure. The power is not in the hands of the people but in the deep pockets, just like it is in every other market. XRP will likely not break free from the control Bitcoin has over it. And Bitcoin will likely not break free from the control of the deep pockets or 'big boys'. What happened back in 2017 - early 2018 appears to have been an anomaly. I don't believe we will ever see gains like that again.
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