Ok folks, here is what I think and I am 70/30 certain we will see at least a little pump and continued upward momentum on the XRP/USDT chart.
1) We just broke a downward channel, after a retest I think we will continue climbing up.
2) RSI has somewhat of a repetitive pattern of going above 70, we have not seen it there for about 18 days and I think we are on our way to going there.
3) we already touched the 0.618 fib retracement levels. If we are on our way to making wave 3, We might go up as much as 0.80
4) It's Thanksgiving and every self-respecting retail investor is about to share the hidden knowledge of XRP with their uncle, cousins, and the rest of the family. I am expecting at least 5% of uncles and cousins to FOMO in and jump on the hype train. So that's that. Overall, I am short-term bullish -70/30 and by short-term, I think this will play out by Sun/Mon.
What do you think?
Good luck trading and Happy Thanksgiving!
1) We just broke a downward channel, after a retest I think we will continue climbing up.
2) RSI has somewhat of a repetitive pattern of going above 70, we have not seen it there for about 18 days and I think we are on our way to going there.
3) we already touched the 0.618 fib retracement levels. If we are on our way to making wave 3, We might go up as much as 0.80
4) It's Thanksgiving and every self-respecting retail investor is about to share the hidden knowledge of XRP with their uncle, cousins, and the rest of the family. I am expecting at least 5% of uncles and cousins to FOMO in and jump on the hype train. So that's that. Overall, I am short-term bullish -70/30 and by short-term, I think this will play out by Sun/Mon.
What do you think?
Good luck trading and Happy Thanksgiving!
Don't overcomplicate things in trading