XRP Will Trade In Here This Month
Updated
Hello all,
First, I refer you to Edgy_ 's posts. His videos and TA style is as realistic as you can get. Especially in XRP...
But, I still like to post my ideas! ;)
The way I see it, XRP will take one of the following (twoish) paths.
We can perhaps see this as a bull flag, whose target would be hit (the top black arrow). I doubt we would break past this target yet-- without going back down to the support of the past weeks (which could be taken as a rising channel...)
If you have bought below this target, and it is it-- I would sell. (Not financial advise- just opinion).
You have to think about BIG MONEY... Big money is what brought us up- have they made their profits yet-- or, are they waiting for another leg up?
You must think like big money as they "always" win. Could big money have accumulated enough in the past month to have taken good profits here..? Who knows!
-------------------------------------
No matter what happens, I think we will at least touch the bottom of the channel I have outlined.
The ellipse is for what can happen in about a months time. That is, we either go back down to the lowest level we have seen (0.22) or we can break up to new (recent) highs. Most likely (0.40).
The point is, XRP will not be a dollar in one month nor will it be 10cents. I firmly believe that in about a month, we will either be at 0.22 or 0.40.
Best advice, take it day by day! Trade it, don't hold it. Crypto charts are amazingly beautiful.
Comment your thoughts below! I welcome them. I have no direct leaning towards either side. We gotta see what BTC does. I think, BTC could go "sideways" for another month or so, meaning XRP could go up before BTC decides. But, we must watch to see what BTC decides!
Have a pleasant weekend.
First, I refer you to Edgy_ 's posts. His videos and TA style is as realistic as you can get. Especially in XRP...
But, I still like to post my ideas! ;)
The way I see it, XRP will take one of the following (twoish) paths.
We can perhaps see this as a bull flag, whose target would be hit (the top black arrow). I doubt we would break past this target yet-- without going back down to the support of the past weeks (which could be taken as a rising channel...)
If you have bought below this target, and it is it-- I would sell. (Not financial advise- just opinion).
You have to think about BIG MONEY... Big money is what brought us up- have they made their profits yet-- or, are they waiting for another leg up?
You must think like big money as they "always" win. Could big money have accumulated enough in the past month to have taken good profits here..? Who knows!
-------------------------------------
No matter what happens, I think we will at least touch the bottom of the channel I have outlined.
The ellipse is for what can happen in about a months time. That is, we either go back down to the lowest level we have seen (0.22) or we can break up to new (recent) highs. Most likely (0.40).
The point is, XRP will not be a dollar in one month nor will it be 10cents. I firmly believe that in about a month, we will either be at 0.22 or 0.40.
Best advice, take it day by day! Trade it, don't hold it. Crypto charts are amazingly beautiful.
Comment your thoughts below! I welcome them. I have no direct leaning towards either side. We gotta see what BTC does. I think, BTC could go "sideways" for another month or so, meaning XRP could go up before BTC decides. But, we must watch to see what BTC decides!
Have a pleasant weekend.
Note
Note
Above is Edgy_ 's post. Which may very well be more helpful than mine. The only thing I state is that XRP will trade in the range that I have highlighted in the chart (channel and ellipse) for the next month. Good luck!
Note
All my arrows on the chart are not arbitrarily placed. They all give a well-aligned result as far as TA goes... You may confirm this for yourself. For those that say XRP will get to 200$, take pride, knowing that quantum mechanics could suggest that there is another state of the "Hamiltonian" for which XRP achieves that....
However, we do not live in this state. ;)
Physics baby
Note
Comment your buy average for XRP if you own any... My guess is that they will be lower than the price is now-- meaning, someone (big money) is taking your money! My suggestion would then be to think about buying TESLA stock ;) Tesla stock has big money (with nasty interests) betting against it. And, with time they will lose. Tesla is **actually** revolutionary. XRP could be too, it is just much more uncertain. Tesla is certain... IMO
Note
The nasty interests in Tesla are BIG OIL, INSURANCE, and any other AUTOMANUFACTURER. Tell me why ANY of them would want Tesla to succeed? Answer: they don't.Note
Look down the road 10 years, you will see ALL EV and AUTONOMOUS vehicles. This is far more obvious of a FACT than XRP... I do hope the best for XRP as I think it is much better than BTC. But, we are in a sea of whales.
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