XRP had similar price action before its run to .80's.... Lets see what we get!
The technicals are there now we wait for the fundamentals to unfold. For Cripple to launch like this we would have to have a positive outcome from the SEC Lawsuit. Very important 2-3 weeks ahead of us!
Not too sure this would play out but would be stupid profitable for market makers. Short term short
BTC doing the shampoo thing again.... DXY strong too
Either btc will go up or big announcement made soon as this Inverse HS is being created. Could always be wrong invest wisely
Virus scares creeping up? Wave 2 dip might be a real thing before a bull run. XRP gonna be on sale!
Apparently we're getting another stimulus check in the US. Now you know that means money printer go brrrrrr. But here's the thing, the gov doesnt care about us it cares about corporations so if we're getting checks that means its a bone to make us feel better about the BAILOUTS coming. Brrrr + unstable political conditions = XAU +
Chinese stock markets open back up on Monday 2/3. CME Futures expired today (end of month). I have a feeling btc will be shorted and xrp will go down with it, but not before some weekend action which can be the right shoulder pump.
Traditional stocks are flying and a trade deal between China and US is said to finalize soon. Many will short Crypto and Long Traditional Stocks because of this. This is what I believe will AT LEAST cause one more Lower Low which is indicated as Green Rectangle. Red means sell Green means buy.
Short term bias for XRP. Now that US and Chinese markets are stable, institutional money is leaving crypto until the next wave of political tension arises..... or maybe Recession?? Hmmm.....
Using Btc as an index, we still may see xrp hit low 20's high teens, if btc drops towards 7k and BTC Dominance stays high.