Well, we completed the crash we were looking for. Here is our last best guess. If we are wrong and no moon soon, then perhaps back to the drawing board.
We would still believe in our target range and still believe it will hit in the very near not so distant future, but the dates we have been posting about and really targeting in anticipation of the run up are coming and going.
Still very, very, very long. Just wondering how our charts could be so accurate about so much of the XRP chart, predictive of all the little moves, but miss on the big boom?
The chart looks good! I just think the big boom will start in the middle of the next week.
Hittman70
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XRP is being suppressed, it's not your fault. The flood gates will open after the SEC settlement.
BustersCharts89
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@Hittman70, while I agree with this, and have been following that case quite a bit (I am an attorney, though I’d be lying if I said I understood security law at all!), the entire market quite frankly is undervalued. True, some coins HAVE moved, and the altcoin market cap is at or around all time highs...but we have not seen that rotation of money into xlm, bitcoin cash, zcash, even cardano (which is higher relative to those other assets) has not made or really neared a 4.236 Fibonacci extension. That “mania” phase of this market has not taken off yet. I guess what I’m saying is, it’s not just xrp.
And likewise - imagine Xrp favorably settling the suit with the SEC - yes Xrp will rocket up, but so will many other alts. The whole market is on something of a delayed timer / extended consolidation. It’s very odd to me...
Mitchel_L
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What do you think happens when no moon? Will we also see the big 80% correction?
BustersCharts89
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@Mitchel_L, depends...I don’t think it is humanly possible in this world and the present climate for XRP to go to $0.20. Every person on planet earth would be buying well before that.
We already saw a correction from near $2.00 to $0.5, which is 75%.
In the event the chart breaks down there would be support at 86-91 cents, 78-82 cents, and that 50ish cent range.
So, from here, no.
CatharticCanuck
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@BustersCharts89, well said. All of this has been an epic shake out targeting us, the retail investors. WE are not allowed to have XRP. They would never push XRP below .90 it would spark more retail investors to buy.... very soon faces will melt
BustersCharts89
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@CatharticCanuck, yup. 86-91 cents is the region where it shakes out the weak hands, is low enough for them to buy our sales, and keeps retail investor morale low enough that we don’t buy en masse the way we would at lower ranges.
This is the shakeout for sure my friend, glad you know that and hope others do too.
Mitchel_L
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@BustersCharts89, Thank you, yeah im with you on the same page. have been buying since the 30ths 40 cents been through some rough dumps haha. But i guess if everything plays out well somehow i learned a lot about myself and my emotions in those bad days.
CryptoSnoopy
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NO! .. wish to be,but i start to hate seeing this, over and over again and not gonna happen..
BustersCharts89
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@CryptoSnoopy, I’ve been saying this for months, let me have my day, snoopy!