Everyone is expecting the Bitcoin EFT to jolt crypto prices to the moon. This simply isn't going to happen. The mainstream media, and stock pundits have been extremely bullish about it, which is a sure sign that they are positioned, or positioning for the inevitable crash to come.
You can see the fractal pattern clearly in the charts, although exact ending price points, and turnaround dates of any massive drive are virtually impossible to calculate.
In my estimation, XRP will drop approximately 63% in the next 45 to 60 days.
Many look at this as a bad thing, but it is what it is. Align your trades and crypto purchases with the Market Maker's, and you will always be in the green. These moves are no accident, they are created by hedge funds like Black Rock, Vanguard and State Street to profit from. They have multi-billions of dollars at their disposal, and going against them is suicide!
I expect a small rally tonight or tomorrow as the last few straggler's position for what they think is going to be a breakout. They will most likely even throw a green breakout candle above the trend line to trigger the massive amount of buy orders in that area. Once triggered, the market will reverse and begin it's decent into red-candle-hell.
I'll be placing a short position today, and adding to it on any price gains heading into tomorrow.
Good luck!
You can see the fractal pattern clearly in the charts, although exact ending price points, and turnaround dates of any massive drive are virtually impossible to calculate.
In my estimation, XRP will drop approximately 63% in the next 45 to 60 days.
Many look at this as a bad thing, but it is what it is. Align your trades and crypto purchases with the Market Maker's, and you will always be in the green. These moves are no accident, they are created by hedge funds like Black Rock, Vanguard and State Street to profit from. They have multi-billions of dollars at their disposal, and going against them is suicide!
I expect a small rally tonight or tomorrow as the last few straggler's position for what they think is going to be a breakout. They will most likely even throw a green breakout candle above the trend line to trigger the massive amount of buy orders in that area. Once triggered, the market will reverse and begin it's decent into red-candle-hell.
I'll be placing a short position today, and adding to it on any price gains heading into tomorrow.
Good luck!
Comment:
.5540 is the point of no return. If, or once this area is breached, then the hurt will be on XRP for the 45 to 60 following. If this occurs, I see a low of approx. .1929
Comment:
XRP is at the line in the sand as we speak. If it continues past the .5540 level with gusto, then my prediction will have teeth and will most likely come to pass, even if it doesn't hit my projected low. It may land in the high 20's - low 30's, but the drop is coming in my opinion, and I'm more sold on it now than I was when I made it.
Comment:
Now that the 'point of no return' has been broken, and passed by, .48 is the next level to watch. If XRP gets below this level it's going to sink like the Titanic, and will likely also break in half before it hits the bottom.
Comment:
XRP continues to flounder. If price hits the .48 level, it's going to drop like a brick!
Comment:
The chart continues to worsen for XRP. At this point, new selling into the market caused by the opening of short positions, long-trade liquidations coupled with panic selling from investors/traders, and we might have ourselves 'the perfect storm' for a drop of Titanic proportions, which could lead to the fulfillment of my prediction.