23:00 hrs GMT, Quick update, As mentioned in previous reports, we are following the Trend Channel from 1st Jan an increase of 55% as we write...and have just broken the 0.30 cent psycological barrier. This is an important previous strong support zone, and the next target once support is established at 0.30 is 0.32 zone. then the0.36 , 0.40,0.42, 0.45, 0.47 and then 0.58 cents, step by step. I see the overall Digital Assets as being in a BULL signal and that the tide has started to change.Overall. I do see certain assets performing significanty better......as you may well understand. one my chart i have cleared alot of line work and targets as i feel we are about to move in big movements...there are in highlighted in Big Dotted lines showing previous strong support and Resistance zones, and i have 2 FIB extensions on, and running corrrelating stronger zones by correlationg this data. You can view each individually and see ranges, and then cross reference with next FIB to see more accurate NOISE confluence zones....Alot of TA , and info to look at even once i have condensed, but overall, if you dont know by now, I am Extremly BULLish on the the moves coming, not Trading until further notice, holding, market is too Volitile to be doing this at this moment, HOLD your Cards.
The strong support from the XRPBTC and correlation in price increase of XRP over BTC in the last 2 weeks has increased from a min of 12% upto 20% on upper and lower candle wicks and tails. The next Bull Market (now starting nearby to you..), i feel is going to be Utility based, Assets, and Blockchains that that have real function and practical use....lets follow the real money on that one. ....it is all in the Tech and the Speed and ILP Inter Ledger Protocal, AKA Web3....these are things to be looking for when investing.
So overall with the Global Health Issues hitting the Markets and The Equity markets in chaos,FX locked and Loaded, Crypto and Digital Assets are a Hedge in uncertain futures, GOLD is what counts ,,,as long as you have big pockets and strong legs... but a Gold digital valued Asset that has Legs and can carry Value with speed security, instantly and Decentralised for all Global Markets . Providing instant settlement and ODL On Demand Liquidity when conutries are trying to boost growth and Trade figures by buying more printers to print paper FIAT money ,locking FX markets as being valueless...is in no way a sustanible solution,to ease Markets stagnation and anti trust of each other. Everyone is talking about the possible breakdown in the Global Supply chain, this is relevant to supply and flow, liquidity of Money and its percieved value or worth. Times are a changing, and no one klnows for certain what any outcome will be....but we are all aware Digital is the furure money and the digital assets with Legs and History will make the Level. The weaker SCAM coins will drown as the Ripple effect begins....Hold your Cards , they are strong, Like a Tsunami.
I hoped you enjoyed this style of objective writting and analsis, if so.. then please LIKE and FOLLOW, i appriciate your time to read this and i hope it helps you to make youe decissions with your fact gathering.I will write again if i see the intrest as it does take me considerable time to prepare and write reports as and when needed with no HYPE and using experience and wisdom to take care to write what i see, not what i want....lol as many reports from TV talk about 1 million this and 1 million that...")
I am not a Finacial Expert , so dont take my advice. Big Thanks Respect and Look after yourselves...