XRP / TetherUSShort
$XRP monthly chart and forecast.
Updated
Take a look at this monthly chart,
Here’s what I’m seeing on the monthly timeframe:
- **MACD**: Historically overbought, with the EMA on the verge of a bearish crossover.
- **RSI**: Also at historical overbought levels, signaling a potential massive crash.
Based on these indicators, here are my conclusions:
1. This pump doesn’t seem organic—it’s far too extreme.
2. We’re at an **ATH**, and there’s a strong chance this could be the last one for the next 2–3 years.
I do not trade this coin.
DYOR
Here’s what I’m seeing on the monthly timeframe:
- **MACD**: Historically overbought, with the EMA on the verge of a bearish crossover.
- **RSI**: Also at historical overbought levels, signaling a potential massive crash.
Based on these indicators, here are my conclusions:
1. This pump doesn’t seem organic—it’s far too extreme.
2. We’re at an **ATH**, and there’s a strong chance this could be the last one for the next 2–3 years.
I do not trade this coin.
DYOR
Trade active
$2.3 going in that direction. I hate to be right again.Trade closed: target reached
Not far, still a long way to finish this consolidation.
Note
I didn't wanted to close this idea, it is trading view who forces me to do it by setting up this option and nothing else will work.Note
XRP at $2. Whoever shorted is richNote
XRP goes <$2 the correction is just starting.next target is $1
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