Sherem
Long

Ripple Long term weekly view

BITFINEX:XRPUSD   XRP / U.S. Dollar
We have been seeing the most activity in ripple today. It's been a while since I have updated my ripple positions. If you remember we went long at 33 cents before the big run up to 80. You could have traded that, flipped it, held it. Whatever. You would have made money.

If you haven't already, it's time to go long again. Once we break this 38 cent top, we will have room for a spike up to 80 cents like last time. There, we will want to go out prolly around 74-99 cents. It will be hard to pinpoint exactly where the top is until we start moving.

Each time we break that trend line we move higher, further, faster! It has happened quite quickly. It's just a matter of time before we get a massive move again. Look at each time it's happened in the past. I don't know if we will get a massive move to $3, but we should get some upwards movement soon.

Happy Trading and hodling,

-Sherem
Comment: For those wondering about my post calling the 33 cent entry -
Comment: Something interesting about my last 33 cent entry. Last time we entered ripple went from 33 cents to 26 cents before spiking massively to 80 cents. Just be prepared if we get a similar move.
Comment: Interesting that we are getting a similar move compared to what happened before, with a spike down first...
Comment: We are getting primed. Get ready.
Comment: update with a xrp/btc comparison
Really great analysis
+1 Reply
Hey I predicted the similar pattern on CELR/USDT. Take a look

XRP is looking at the same exact position. I think it is the time to buy
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@Sherem Buddy cool strategy. I think everything will work out. I will follow you, interesting how it will end
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Good analysis unless XRP is being stomped actively. Every time it seems like it wants to move it gets flattened. Don't know if technical analysis is in play here. The big banks and Ripple Corp. company want a super stable pseudo stable-coin for XRP. They can't have large price swings IMHO so they will buy and sell out of company reserves to keep it flatish. At least that is my fear.

I'm long on XRP for a looong time but I'm losing hope that it is free to run with the bulls. I hope this is totally wrong but when I see BTC and all the alts swing 25% in one day and XRP barely twitches I see confirmation.

Love you too Sherem! Happy Easter!
+3 Reply
Sherem theredbaronZ
@theredbaronZ, Thanks guys!

Yeah, I see what your saying, i still think we'll get another spike up. but we will see!
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@Sherem, What do you think is up with the huge spike in XRP shorts?
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Sherem theredbaronZ
@theredbaronZ, Fuel for the longs to spike it up to 80 cents :-P more reason for market makers to spike it up to 80 cents to stop out the shorts.
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I love you Sherem! lol
+1 Reply
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