My previous prediction of a bullish pennant seems to be holding, with a sell target in the area of $0.225 - $0.230 USD for XRP.
This chart has also got my standard trade area, and the deviation/outlier area as part of the pennant.
This area of .225-.230 would be the traditional 50% Fib retracement zone on a bearish downtrend from our last move. I would expect...
Here are the 4 situations I'm seeing at this point.
1) Bearish Pennant that will breakout to the downside in the immediate future.
2) Bearish Flag/Wedge that will continue the down trend in the next week.
3) Bullish Flag/Wedge that will form a reversal over the next week
4) Sideways movement that could go either way, 50/50.
Chances are as follows....
Hey Everyone, We have a pennant forming right now. To be honest, I'm torn as to whether it is a Bear or Bull Pennant. Overall it's in the downtrend, but the pennant has formed on an upward move from the $0.10 low.
Its up for you to decide. My current position is holding my XRP that I longed at $0.2355.
heres the chart going into march first. zoom into the october until now area to see it more clearly. happy leap year!
did you see the new commercial that The Simpsons put out about cyrptocurrency with Professor Frink and the sales person named April? Gold Nugget ideas all over the place.
Satoshi Nakamoto really had a great idea with crypto. but watching the game...
Sorry guys, i just found this same pattern over on XRP, and figured it would probably be a problem for you guys too. Turns out it is.
If you've been buying, just remember that you'll get the opportunity to buy again at $6500.. Dollar cost averaging right?
Hey Everyone, I really messed up when i made my previous predictions. My Bad! I think XRP will continue down until Mid April.
Reason why i think it will continue down:
Reason why i thought it would go...
STOP BUYING XRP!, We wondered why we havn't had a bull run yet??? We're not done moving down, No one has been able to match the fractals properly for some reason, but we all said "close enough, it must be a bull run!"
I noticed today that we have a bearish pennant forming at the bottom of our master channel, and thought that could be right??? So i wiped my chart...