XRP Soon?

Updated

Well of course BTC dictates this market but looks like there is some heavy support for XRP at around .25usd... and really to me its just crazy to start trading it at these prices anyhow since it all depends on BTC ups and downs.

Anyhow looks like the bleeding will come to an end soon... I myself will start loading back up again around .25 and stagger some buys down as much as I can in the coming month...

If you are in any coin/asset we should see some nice gains when BTC finally starts its bull run...

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Looks like 23ish before a short lived bounce... still thinking we will see lower

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Looks like if we can't break above that .38usd outer wedge wall I have drawn we maybe retesting 31-32ish soon...

Until something changes I still feel like we will go into that green shaded area again before any real bull run starts...

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looks like it may move up for a few hours but not much... looks like we will retest .30usd now... if that breaks look out which I feel as if it will...

we will see soon!

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Well the bulls where able to squeeze out of that downtrend channel... This still feels just a prolonging of the inevitable. No real conviction up just fluttering around on a low volume weekend.

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Looks like we may just float around here for a few days above the purple line in this drawing...

I am thinking also the downtrend will continue during the low volume weekend as always. We may get another temporary bounce off of 24ish before we make our further move to the bottom. I would def be patient with this one if you are already in a position I wouldn't be trading... I think we are close so close.... The wedges are getting tighter and tighter and it won't take much to light the whole crypto world off again... gonna be an exciting time again to be in the market...

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Still pretty early on the new daily candle but so far its been rejected at that wedge wall... needs to break through and close above it which doesn't look likely to me.

anyways think since we touched that line I feel like its gonna fall for a few days again now... but hey these whale moves can get crazy...

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Looks like a repeat of yesterday another head and shoulders on the 1 hour chart... then down again...

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I am definitely neutral on this trade right now... lots of resistance to break through which on the weekend never turns out good. Things could go up but gotta have some good things happen with BTC for that to happen.

The bit I trade with I pulled out for a wait and see but also have a stop limit buy set also for if we do break that wedge wall...

If its rejected again it could get nasty quick since the fall will be from the top lots of momentum so yeah stop loss is your friend! May take a couple days but we should know pretty soon!

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Lets see may just break through that wedge wall... could get interesting quick!

hea79

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