The price appears to finally have found a bottom, as we now see the beginnings of a reversal in trend, as the 29.7 on the RSI seemed to serve as support as the bulls are now attempting to reclaim control. But here's the deal, I'm exhausted and I'm only playing with $100 I got for free from random giveaways/Coinbase "earn" promotions I feel pretty good about my...
I'm just about even in this range, if we break bullish from here it's all gains and I can go to bed knowing the bottom's in. If not, it's going to be a long night.. Be kind XRP <3 At this point I'm just sharing these so those who are looking to me for advice know I'm human and am prone to making errors of judgement. Hopefully the buy volume returns and we can...
See that RSI? This is an extremely irrational move down. Fear not brother bulls. We're merely seeing the death pangs of the bear we've gored. Consolidation in this range is healthy, despite being frightening. If we close beneath the red support line however, that's when I'll be looking to exist my trade position entirely. If the $0.36 support is breached, we're...
Didn't I say posting in real time would jinx my last post? Just as I was charting re-entry from my stop-loss being triggered the price plummeted. But that's why I placed my 33% sell order placed at the bottom of the previous chart's red circle @$0.396. My buy orders are the thin black lines hanging below the support. 2 filled almost as fast as I placed them.....
Right as I'm finishing this, the trend has broken scary. The yellow circle represents "neutral" green is "bullish" and red is "bearish" These bubbles are how I track price movements in real time between ranges. So inside look at what I'm doing real time as the trends shift and flow. As for the current dip, I believe its simply a trend check, checking to make...
I can almost see the candle in that yellow circle. Manipulation. DON'T LET ME DOOWWN!! I'm having a good time! TRADING ON THIS BULL FLAAGG NOOOWWW!! <3
Alright, so it's clear as day from my past few charts that XRP is now beginning to trend sideways. It breached what had been it's 'support trend' since the start of our "happy little bull market." So now that I'm not stressed to give a heads up via my "BUY THE BULL FLAG!!!" post. We're almost certainly going to experience a retracement to this price, simply...
These swings have been FANTASTIC! Strategy: sell at the break, market buy the dip as sell momentum breaks. We're going up another level ladies and gentlemen. Yes the trend IS curving, but into sideways action, not downward. For those wondering "should I get in now?" YES NOW IS WHEN YOU GET IN! As I post this, we've just breached our most recent low, this was a...
While my weekly/monthly position on XRP remains long regardless of price action. I want to point out the very real possibility of us taking another leg down if we don't see buy pressure return within the next hour. I fine-fit the trend lines to our current price, technically we're below my original support trend line I drew earlier. So now's the time to decide!...
For those looking to buy into XRP, today is presenting you a golden opportunity to enter the space with a low risk to down side and a high chance of up side. XRP tickled the 0.38 fib on it's 1y high retracement and has now performed a retrace of this most recent move to the 0.5 fib. From which we saw a strong bounce back to the .38 of this most recent drop. From...
Sorry McAfee, I just don't see a $1 million price tag on BTC by end of 2020, but maybe by 2021-2022?
Expanding upon my last graph to help reign in the price movements we're likely to see XRP make in relation to BTC. The green triangle is our most likely path of growth, with the arrows being my closest approximation for how the waves are going to play out. The yellow triangle is the price range we'll begin trading in if we break below the green triangle. The blue...
I've free handed some 'bands' around last night's projected price trend (black line). As well as adding a correction range (red box) as to what we can expect if more buy volume doesn't return to XRP in the next few hours. Despite trending on the lower range of my projection, after plotting out XRP/BTC pairing and BTC's continued growth against the USD gives me...
Assuming XRP's bullish trend continues at it's given pace, we can expect to surpass 6500 Sats per XRP within the next 24 hours.
Nothing else quite gives me the warm feeling seeing XRP's volume and price syncing up. One thing that gives me an even warmer feeling? That the buy volume is again increasing after healthy consolidation!
Sweet Dreams XRP Community! I'm hoping to wake to us testing $0.50 so we can spend another beautiful day grinning from ear to ear! Till then!
(1-3 Month Projection) Seriously, the price won't stop booming and breaking every method of measuring where it's going to stop. So for now, I'm just going to pretend we're already in the new paradigm and that we don't have a warm up trend before a full blown run. I also want to make clear, The 'beginning' of the previous cycle was also continuation of it's April...
Lets check them barriers we're running towards! XRP