Check out these 2 charts. Not only is XRPUSD at an all time low, but XRPBTC is at an all time low. Between both of these charts, this should set XRP up for a massive move to the upside. I am guessing to at least $1. and maybe further.
MACD on XRPBTC has already crossed and is printing green. RSI is EXTREMELY oversold and is coming back into positive territory. While on XRPUSD we have MACD about to cross and RSI coming off some lows but not as extreme.
if you are looking to get into XRP now is the time to buy in and HODL. Maybe it goes down a little from here? but long term, this is a good place to get in and HODL.
Best of luck,
-Sherem
MACD on XRPBTC has already crossed and is printing green. RSI is EXTREMELY oversold and is coming back into positive territory. While on XRPUSD we have MACD about to cross and RSI coming off some lows but not as extreme.
if you are looking to get into XRP now is the time to buy in and HODL. Maybe it goes down a little from here? but long term, this is a good place to get in and HODL.
Best of luck,
-Sherem
Comment:
Remember folks. Even if XRP goes down further, this is crypto, it does crazy things. Just ask yourself this. Would you regret not being in the market if XRP hits $1 and you had to hold through a move down to 20 cents? Or would you regret not timing the bottom precisely? For me, I don't want to miss that $1 move that XRP is setting up to do. Do you what you are comfortable with and what you have planned out. It's going to be a crazy next couple months.
Comment:
What to look for right now folks is if we print a massive doji on the daily, then we move up the next day. We have a massive divergence right now and it could signal a large move up. However, it BTC continues to fall, we'll stall before it happens.
Comment:
We've invalidated the bear flag that was forming and the downward trendline. Is this the bottom? Maybe to early to tell, but those are both good signs.
Comment:
If we break up above this .26 area, we will go up in a big way.
