MachiavelliTrader

XRP: Bitcoin🦍Gorilla Short Predictxn of $0.6 Still n Play b4 $6

BINANCE:XRPUSDT.P   XRP / TetherUS PERPETUAL CONTRACT

Here is a clear update on what you should expect from XRP moving forward.... We are close to a very strong support area, Our TA On short has been Since May 5th and we are still riding but mind you that we are close to my TA, Please watch the video analysis here
Someone asked in the comment section if the current dump affect my $6 TA on XRP?
My answer is No, All our analysis is still in play, my first prediction of 0.8 to 0.6 will Was in April,
I further Elaborated this In another analysis video, where I talked about how XRP will beat Doge pump soon after we see a strong pullback to 0.8 area to 0.6 but first why you must wait to buy cheaper XRP at $0.66. Now we are close and I do see a possible bounce coming very soon on this support area.
It is most likely we see a sideways movement when XRP Arrives at this support. The pump in our Last analysis is only showing you the possible TA To expect after we have actualize the short TA we are still currently in(It will be a good idea to start taking profit from your shorts from here)
Let's Dive deeper into what we can expect, Tomorrow sunday has high chances of being a dump day to hit this our support, Next week will likely show some green.

Looking at the 4hrs Chart,
We can expect some buy reaction ones in this area $0.8 to $0.6 area
Here it will be good in my opinion to take some good profit off short.
The bounce from this $0.8 to $0.68 zone as a retest of the current 4hrs chart buyers trendline which could lead as far as $1.3 to $1.5 but here too XRP bulls will be shorted down to 0.88 to 0.82 support zone.
I do expect another strong attack on that sellers line, this time forming a lower high at around 1.3 to 1.22 and a higher low too.

This is where we can expect a breakout to happen.

BITCOIN GORILLA, WHAT IF THE BEARS END UP BREAKING THE CURRENT DAILY SUPPORT BUYERS TRENDLINE?
Ans: Everything is possible in crypto, so yes the possibility of breaking the support is there, but that chances is less than 45% because of the weekly chart current support. But I do see I high chances of stoploss hunt happening, by the candles piecing through the trendline but instantly get rejected by the next candle and price pulls back above the line in a swift blink of an eyes after clearing the previous low and stoploss.
In my Opinion Patients is required here when we get to that support, There will be a bounce but then a quick pull back to retest the support of that 0.55 but idf the whole crypto market keep selling off then it will be hard to not see the 0.4 to 0.2 support but all these will only lead to a very strong pump to my $6 TA

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