XRP movement to $0.55-$0.60 imminent?
Updated
Getcha moonboi hats on, the 'splosion is near. Well, not really.
Not to ATH's, but we could see a bump to $0.55-$0.60 imminently.
Why? A confluence of chart factors and recent news narratives.
Enter now and look to close position at a 50% gain.
Not to ATH's, but we could see a bump to $0.55-$0.60 imminently.
Why? A confluence of chart factors and recent news narratives.
Enter now and look to close position at a 50% gain.
Note
This chart accurately predicted a shoot up to the $0.55-$0.60 range several months ago. Looking now, there is a massive decision looming on the XRP price chart. Long term resistance and support levels are crashing together.
XRP has technically formed a successful and healthy bottom and it is our prediction that we will, in early March, ~2x again to approximately $0.65-$0.70, which should coincide with a 2x on BTC. It will head lower after reaching $0.65, however. DYODD and take advantage of this, but do not fall into the bull trap.
Best of luck!
Note
Today and the rest of the week feels like pretty make or break, what do you think???Note
Hmm…feels good to be right.Two thoughts:
1) don’t forget to take your profits. XRP will not move above $0.70 here. Take profits at $0.60+
2) if you do not own XRP, note the timing re: broader crypto market in judging other moves where the top may not be less obvious. We are looking at around $0.65 for XRP and $42,000 for BTC, before consolidating lower leading into the next BTC Halving. Take your profits on all coins, then rebuy in a few months.
Note
Check out how oddly accurate this chart has continued to be. Skip ahead in time to the present!Note
Again, this chart consistently predicts XRP overhead resistance. Update the chart to the present, and look. You will see XRP is at the top of the converging channel that it is trading in.
From here, XRP will head lower to the bottom of the channel, one last time, before the bitcoin halvening. Target buy price is $0.54
Note
And, right on cue, we begin our descent to the bottom of the channel. Set your buys at $0.54-$0.56 depending on your appetite for risk. I personally will begin buying at $0.58 and DCA a bit lower if/when opportunity arises.
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