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
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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.
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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.
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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.
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If we break up above this .26 area, we will go up in a big way.
Yes XRP is at a almost 2 yr low (not ATL) since Dec 2017. But what will make it go up? and what will make it go up now?
It has been in this sub .40 range for a good chunk of the last year. So why moon now???
Sherem
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@theredbaronZ, BTC halving coming up, Bakkt and other major crypto advances,, ripple is partnering with major corp's, all time lows in XRPUSD and in XRPBTC. It might not moon right away, but it's a good time to get positioned for it.
Sabibaby
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@theredbaronZ, You said it yourself, "at almost 2yr low". Why not accumulate?
theredbaronZ
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@Sabibaby, Why not wait until it actually confirms a move before buying? It might go to .15 first and take 2 more years to recover back to .40. Just sayin'
kardia
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@theredbaronZ, exactly! The problem is people in the XRP community have this delusion that the price will suddenly shoot up to 10 dollars or more overnight, when the magical "switch" gets flipped. That's the likeliest reason I can think of for why they keep buying almost all the time. It's called FOMO.
mickey_v
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Ripple is winding up for a serious bullish move, $1 is just around the corner but i'm looking forward to Ripple building up step by step
kardia
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@mickey_v, there is nothing bullish about XRP and hasn't been for a very long time.
It has been in this sub .40 range for a good chunk of the last year. So why moon now???