I had seen a pullback before moving to a potential $1.54.
Clearing $1.40 would signal this potential.
XFLR on Poloniex is another to keep an eye on as XRP gets moving.
#bringontwobucks
As before, we have retraced to a 0.382 Fib level.
This should mark a bottom, however, we may still hit the 0.176 area.
Expect a flattening out from here until we hit that trend channel and explode upwards again.
At this level we may see it in the next 4-10 days.
Each time XFLR has interacted with this Master Channel it has had a growth spurt.
It then flattens and reconciles.
Eventually interacting with the Master Channel.
The next interaction looks to time out sometime around the first half of April.
This probably will result in the 0.5050 level being reached/taken out.
Again, the order book is extremely...
As discussed before, XLR was looking to make a retracement back to the low 0.20’s.
Next resistance levels should be found around 0.388 and 0.5050.
A $250,000 market buy order could take it up to 0.36 immediately.
As expected, we are testing supports after the rapid price gain.
Possibility to see low 0.20’s.
The order book is in flux as people are taking profits.
Expect this to thin out and see XFLR challenge 0.388 on its way towards 0.5050 in the coming weeks.
#flarenetworks
In 2017 we had a breakout above the previous ATH trendline.
December 2013 was the previous ATH and in December 2014 there was an approximate 0.50 Fib retracement that allowed us to form the upper trendline.
September 2016 that trendline was broken and then XRP went on to test that line as support until March 2017.
There was one more backtest of the support, then...
$800,000 sell orders to be fulfilled at 0.388-0.40.
Expect a pit stop ere while supply is soaked up.
Clean path to 0.5050 after that.
Sell orders are drying up FAST!
#gonnabehuge
XFLR convincingly broke out of the channel it has been in.
Next Fib resistance would be 0.388.
Previous fractal would put us over $1.
I had spoken about March/April being huge for XFLR, glad to see it playing out.
#onlyfifteenpercentofflrgivenoutatfirst
I've discussed before how thin the XFLR Order Book is.
I figure I'd explain what I mean by that.
Let's say you had a couple million bucks to play with, and your calling was to get some Spark (FLR) token because that's gonna be the be all end all of De-Fi in the coming years.
The current price is around 0.22.
You put in a market order with $166,029.99, the price...
