Hello dear crypto friends, hope you're doing well!
The big short is in play with XRP now with breaking 30 psychological. We have another important support coming in at 28,5. From there, we have the summer lows of 25 cents -which is already around 15% profit.
Should Ripple not be able to hold 25 cents, we have the 2017 S&R box coming in at 20 cents & 15 cents...
its just not making sense to me ...and XRPs current has to be incorrect and XRP is actually going to move to.44.
Note However if BTC does move to 4600/4200 then XRP will indeed move to .24
This move to .44 is also negated if XRP drops lower than .29
Of course the long is going to be in play soon... But this chart has FOMO written all over it.. I ll be buying in at 0.26 - 0.24c if it ever reaches there otherwise I will ignore the trade and move on... All details available in the chart..
I tend to believe we'll see a slight dip back to the green line before taking off again. We're in a falling wedge pattern currently. Expecting to hit .305 or so which will conclude the pattern.
I'll do another video in a week or so to assess how things have gone, and identify the buy-in moment. Thanks for watching.
I've been watching XRP over the last year or so. It is very clear there is a strong bottom in place for support and once again we are in that zone. If this support gets broken theni do believe a large fall is highly probable. However, in terms of a short term trading opportunity I believe we are at a nice entry point that provides us with a nice tight stop with...
RSI BOUNCE OFF TREND LINES
OBV BOUNCE OFF TREND LINES
RISING WEDGE/PINCHER PLAY WITH .25 Downside and a WHOLE LOTTA UPSIDE POTENTIAL $3.50 plus IMO and will happen QUICKLY with XRP if it breaksout bullish to the NORTH of the downward trend lines with some force. WATCHOUT ripple could be the next 10 bagger .... in at .325 area last week here.... rather be early...
What I want to see for me to get long?
I want to see price move lower, run stops on weak longs. As soon as price breaks and closes above the pivot ( PYL- previous year low 0.24653) i will be looking to get long. If price continues to move higher, i will wait for price to break and close above the (YO- year open 0.36085) add another long position. Targets are the...
XRP has 3 price levels below and above price, that stand in the way of any big move.
Unless it's smashed through any way..
We can likely expect to visit 0.45, 0.60 and 0.90 for the positives to the upside
Or 0.25, 0.20 and 0.14 for the negatives to the downside
By the way price at the moment is still hovering around 0.30 cents with some intermediate level at 0.28