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GJMRealEstate
Jul 25, 2023 4:47 PM

$XRP NOT LIKELY TO VISIT .55 Long

XRP / U.S. dollarBitstamp

Description

view: bullish

55 cents has been the upper boundary of support and resistance since 2018
55 cents has been tested frequently in the last 5 months
55 cent resistance is now broken

opinion: not likely to return to 55 cents
caveat: maybe will re visit for a re-test of support
opinikon: still I think it is not likely

conclusion: bull market for xrp

Comment

about to go bullish on the (4) hour

Comments
ThumbSkin
Simply IS happening
JoeChampion
Good job, i like it!
bstew76
Target for Q1 2024?
GJMRealEstate
@bstew76, market value. seriously. how would anyone know that?
bstew76
@GJMRealEstate, price target (conclusion - bull market for XRP)
GJMRealEstate
@bstew76, I have many price targets. I am not tying them to any time period though. Since 1999 I trade long term positions with buying at staggered price points and selling at staggered price points. I can sell anywhere along the way if I think a rally is weak or strong. The idea of a single price target does not really exist for me. I see the projections as possible. If I make a chart for it, it probably means I could/would hold/sell some of my position at the peak or along the way. I have a chart that show xrp at an elliott wave extension of $300. Will I hold all of my position for that price? no. Will I keep something in the account for the possibility of that price? yes.
lufeijun
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