🔥 These idea's honestly haven't been gaining much traction so I won't be putting as much into them, but that doesn't mean I'll stop. May not be everybody's cup of tea or have a million indicators but all I know is that my idea's do the job and that's all I care for so I'll start for whoever cares to read in, thanks.
🔥 Brought up this chart again about 2 weeks ago to comment on the fact that we'd made it out the descending triangle without falling managing to hold that 200 EMA. Before I continue here's the day chart below:
🔥 XRP has hit that 0.533 resistance multiple times by now and we've been trading within this channel as the chart clearly demonstrates. What matters though is that we didn't lose that 200 on the daily and when we did we regained it quick thanks to Bulls.
🔥 Only thing standing in our way of a breakout and bullrun is that 0.533 mark, but once and when that happens things look exciting and we'll finally be out of this crypto winter with some significant moves. The catalyst for our major move and the break past 0.533 will most likely be the SEC v Ripple case once it is finally finished. After all, they can't just keep the lawsuit going forever.
🔥 Main concern is if we lose that 200 EMA then we stand a significant risk of losing months of progress and could even be looking at retesting 0.35 followed by 0.29 if that happens though it's unlikely.
🔥 This probably won't get much views or likes anyway so I'll leave today's thoughts at that but soon enough we will see a big move in XRP and again the catalyst will likely be the SEC case. So definitely would keep watch on that and pay attention, once it happens and finishes, things will start moving quicker than we can anticipate, no doubt about that.
🔥 If you've made it this far and like to leave a like or follow it'd be much appreciated, even with the lack of likes and follow's I still continue to post for you guys, because even if it's only a few people, the fact that I can help and give some thoughts to even one person, is all I need. Thanks and all the best.
~ Rock '
🔥 Brought up this chart again about 2 weeks ago to comment on the fact that we'd made it out the descending triangle without falling managing to hold that 200 EMA. Before I continue here's the day chart below:
🔥 XRP has hit that 0.533 resistance multiple times by now and we've been trading within this channel as the chart clearly demonstrates. What matters though is that we didn't lose that 200 on the daily and when we did we regained it quick thanks to Bulls.
🔥 Only thing standing in our way of a breakout and bullrun is that 0.533 mark, but once and when that happens things look exciting and we'll finally be out of this crypto winter with some significant moves. The catalyst for our major move and the break past 0.533 will most likely be the SEC v Ripple case once it is finally finished. After all, they can't just keep the lawsuit going forever.
🔥 Main concern is if we lose that 200 EMA then we stand a significant risk of losing months of progress and could even be looking at retesting 0.35 followed by 0.29 if that happens though it's unlikely.
🔥 This probably won't get much views or likes anyway so I'll leave today's thoughts at that but soon enough we will see a big move in XRP and again the catalyst will likely be the SEC case. So definitely would keep watch on that and pay attention, once it happens and finishes, things will start moving quicker than we can anticipate, no doubt about that.
🔥 If you've made it this far and like to leave a like or follow it'd be much appreciated, even with the lack of likes and follow's I still continue to post for you guys, because even if it's only a few people, the fact that I can help and give some thoughts to even one person, is all I need. Thanks and all the best.
~ Rock '
