Hey guys! Hope you are all doing well today, I'm extremely happy to see that XRP did exactly what we we're expecting! I started calling out that Mountain's fall before it happened noting that it was looking similar to the past price action we had seen before as well as having been rejected twice by then it was likely to happen and surprise surprise, that's exactly what we got! So watch the lines I've noted and you'll see what happens. I put some arrows to make it simpler to see but yeah now is gonna be a pretty significant time to see what happens next, especially as we are back in that sideways channel which seems to always have some volatility before sending us off on our paths one direction or another so keep watch!
💥The trademark currency swooped to 0.38's before insanely strong buy pressure kicked in again as you can see by the volume bars, in one bar alone we've got 9 million worth of XRP volume which came in to give us some support, so whales aren't so keen on XRP going below 0.38, and not only that but they continue to build up their portfolio's with the top 1% of XRP holders still buying more and accumulating for the flip as I like to call it. If whales really wanted to let XRP sink, they damn well could, but they don't and instead they continue on holding the line and accumulating.
💥I noted a new descending trend (in red) in which it brings the trademark currency on a down trend so keep that note because if we break through that and break the trend this time it'll be good and help us see some bullish moment up build. But right now you can see just how close we are to that descending channel again. I told you guys, some whales will really try to bring us down and back into that descending channel, and we even entered it for a short bit, but then again those bull whales and MM's really know how to buy and kick up a price. That's what indicates to me that XRP is in good hands and has strong whales/support behind it, the fact that every time we enter the 0.38 zone, they start buying like crazy.
💥Whales clearly have their feet dug into XRP deep and that's been another reason XRP has managed to stay in the top 10 crypto for so long and will continue to. It's got a real use and what it says it does, is exactly what it does. Now that's something you don't see everyday in other cryptos however Ripple's got it as well as a huge amount of cash on deck. They are in a very good position and based on just how strong support keeps kicking the trademark currency could be looking at a move up soon enough once BTC finally gets it's grip on things and let's the market relax.
💥That's the one thing I'm thinking on right now, XRP of course is driven hard by MM's and Whale's right now but if BTC we're to say go below the 28k or 27k marks I could definitely see XRP moving below that support of 0.38 before we really go up. But if BTC managed to stay above 29k right now and push forward without being impeded that would be great to see and personally either way, XRP is an amazing asset, especially in the long term.
Anyway if you've made it this far, your serious about your investment/research and I just wanted to say bless you, because it's all gonna be worth it on day, and we're gonna be rich and make proud everyone we love. This journey won't be easy, but it'll be more than worth it I promise. Thank you and have an amazing day, and if you'd like leave a like and follow as it always helps me to continue doing just what I do, thank you!
~ Rock
💥The trademark currency swooped to 0.38's before insanely strong buy pressure kicked in again as you can see by the volume bars, in one bar alone we've got 9 million worth of XRP volume which came in to give us some support, so whales aren't so keen on XRP going below 0.38, and not only that but they continue to build up their portfolio's with the top 1% of XRP holders still buying more and accumulating for the flip as I like to call it. If whales really wanted to let XRP sink, they damn well could, but they don't and instead they continue on holding the line and accumulating.
💥I noted a new descending trend (in red) in which it brings the trademark currency on a down trend so keep that note because if we break through that and break the trend this time it'll be good and help us see some bullish moment up build. But right now you can see just how close we are to that descending channel again. I told you guys, some whales will really try to bring us down and back into that descending channel, and we even entered it for a short bit, but then again those bull whales and MM's really know how to buy and kick up a price. That's what indicates to me that XRP is in good hands and has strong whales/support behind it, the fact that every time we enter the 0.38 zone, they start buying like crazy.
💥Whales clearly have their feet dug into XRP deep and that's been another reason XRP has managed to stay in the top 10 crypto for so long and will continue to. It's got a real use and what it says it does, is exactly what it does. Now that's something you don't see everyday in other cryptos however Ripple's got it as well as a huge amount of cash on deck. They are in a very good position and based on just how strong support keeps kicking the trademark currency could be looking at a move up soon enough once BTC finally gets it's grip on things and let's the market relax.
💥That's the one thing I'm thinking on right now, XRP of course is driven hard by MM's and Whale's right now but if BTC we're to say go below the 28k or 27k marks I could definitely see XRP moving below that support of 0.38 before we really go up. But if BTC managed to stay above 29k right now and push forward without being impeded that would be great to see and personally either way, XRP is an amazing asset, especially in the long term.
Anyway if you've made it this far, your serious about your investment/research and I just wanted to say bless you, because it's all gonna be worth it on day, and we're gonna be rich and make proud everyone we love. This journey won't be easy, but it'll be more than worth it I promise. Thank you and have an amazing day, and if you'd like leave a like and follow as it always helps me to continue doing just what I do, thank you!
~ Rock
