Since my last XRP update, it spiked up to 0.33 just like clockwork, then right back down.
As of right now, XRP is trending below its lowest support. With all of the global adoption of XRP and cryptos, this price won't stay for long.
XRP will not dip any farther, it physically does not have any more wiggle room. Notice how the day Bakkt is released all the prices of the coins dipped 20-30%.. thats not a coincidence. Wall street money is accumulating cryptocurrencies at a lower price.
They are all looking at this exact same chart. Institutional money entered at the lowest support of $0.24. Now as a daytrader, I entered at 0.259 because I thought that was the bottom. I do not have the capital to push the price of these coins down 20% like these big money investors do.
Take a look at all of these levels, the candles wick it just like clockwork. The price is pushed down almost emulating a fire sale. Right now is your best chance to accumulate XRP and other cryptos, you don't want to be the person who missed out on this revolutionary technology.
As of now, XRP dipped right back under the local downtrend, and will most likely consolidate between the institutional level and the downtrend until it is squeezed out. The EXACT SAME price pattern happend on Sept. 12th with the daytrader entry level. We squeezed out of it and immeditely tested 0.33 for a 20%+ gain. We should see this exact same move play out around the end of the 1st week of Oct., i'll give another update when the time comes around.
Thanks for your continued support on my XRP charts, I know you guys love these the best. Take care and happy trading
As always please do your own research, I am not a financial advisor.
As of right now, XRP is trending below its lowest support. With all of the global adoption of XRP and cryptos, this price won't stay for long.
XRP will not dip any farther, it physically does not have any more wiggle room. Notice how the day Bakkt is released all the prices of the coins dipped 20-30%.. thats not a coincidence. Wall street money is accumulating cryptocurrencies at a lower price.
They are all looking at this exact same chart. Institutional money entered at the lowest support of $0.24. Now as a daytrader, I entered at 0.259 because I thought that was the bottom. I do not have the capital to push the price of these coins down 20% like these big money investors do.
Take a look at all of these levels, the candles wick it just like clockwork. The price is pushed down almost emulating a fire sale. Right now is your best chance to accumulate XRP and other cryptos, you don't want to be the person who missed out on this revolutionary technology.
As of now, XRP dipped right back under the local downtrend, and will most likely consolidate between the institutional level and the downtrend until it is squeezed out. The EXACT SAME price pattern happend on Sept. 12th with the daytrader entry level. We squeezed out of it and immeditely tested 0.33 for a 20%+ gain. We should see this exact same move play out around the end of the 1st week of Oct., i'll give another update when the time comes around.
Thanks for your continued support on my XRP charts, I know you guys love these the best. Take care and happy trading
As always please do your own research, I am not a financial advisor.
