✈️I've got to rush to work right now so I won't be able to post a detailed idea today but my markings have given you what you've needed so far as shown above and those EMA's did flip to start a mountain fall as I was calling out in yesterday's idea and we'll need strong support to pull us back up or some form of a bounce off of one of these markings.
As it was expected, XRP continued with side trading for another week in a row. It is interesting that from May this year, Friday trading sessions have significantly increased trading volumes. This might be an indication that “whales” are on the move during these days in order to maintain the price of XRP. However, this is only an assumption based on chart data,...
💥Hey guys, early TA here, XRP retested that 0.383 mark we've got and pushed above it for the third time to hit 0.38558 basically hitting 0.386 before falling back down and moving below our 0.379 mark by which then support kicked in real hard in order for us to avoid falling below that 200 EMA.
💥XRP will need to hold support avoid 0.379 and avoid hitting that...
Hey lets take a closer look at XRP's PA
As for many other altcoins we can see XRP has finished the last subwave of its bigger ABC correction since april '21 with a clear ending diagonal (yellow count) setting the floor around 0.27$
But way more important is that 2021 high that blasted through all time 0.382 fib indicating that a reversal is started and even...
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Majority got Rekt last year due to listening to the "Bullish" Narratives the media and Social Media Influencers were portraying last year! Stop listening to them and start paying attention to the technicals.
Whales/elites will not miss any opportunities into making money. They simply buy the fear, hype up the market, take profit and crash it again after taking...
On the above 5-day chart price action has corrected 80%. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal has printed. Do not ignore on this time frame.
2) Price action is currently on the 0.618 golden zone as measured from March 2020 bottom to the April 2021 high.
3) The Cup and Handle formation is text book....
From Apes to Gorrilas, to NFTards, the 2022 is an exciting year, and it is not even over, we are just getting started.
OH and an honorable mention to all the Metaverse addicts.
__Quick Update __
I have been extensively busy with @VIE_Verse and @NexusWars_, you find them on twitter. So i don;t update TA as often as i would like.
This is a revision from my $289 XRP Super Cycle Prediciton.
XRP is in a Trend/Channel.
2022 seems to be a retrace from 2018ATH and only went 1/2 to the trend as it did in 2015.
4 year cycles are now 6 years, and the next will be 8 years.
the 2018 Fractal is played out for the 2023.
$275 XRP sounds far fetched, but is it really?
Will 2023/2024 be the Altcoin...
Rising Wedge formed after a downtrend so expect price to continue down unless there’s a break of resistance which I doubt since there’s a lot of bullish exhaustion on the daily chart creating a lot of wicks.
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