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BTCXRP

XRP Fib ChannelXRP has been flat for the past week and a half, so not much to go over. Until today. We are back at a critical Fib channel retracement level, and either we are headed back down to the low 40's (0.375 seems out of reach now, thank goodness) Or, we are headed to battle that 0.66 level and possibly all the way up into the 1.25 levels. FlareNetwork should be up and running in the coming months, so it will be interesting to see how the XRP price reacts to that. XFLR should be an interesting watch as well. #goodluck #excitingweekahead
BITSTAMP:XRPUSDLong
by orlinmyer
Ideal XRP RejectionPrevious post was excluding a possibility of a near term XRP breakout. What if the BTC channel is flatter than previously mentioned? It would take longer to hit the $55-58k region. What if XRP sails past the 0.86 price during that time? Potential to hit $2.36 ... Now, if XRP is ranging around $2.36 and BTC is around $58k... Expect a swift pullback of XRP into the 0.86-1.33 region as BTC drops back into the mid $20k region. After that... oooohhhh baby! #itsonlikedonkeykong
BITSTAMP:XRPUSDLong
by orlinmyer
3
XRP Potential RejectionWe have had a hard time with the 0.70-0.80 region over the past few years. BTC is in an ascending channel, as is XRP. Let’s assume both continue. BTC has major resistance over $55k (my guess is $58k) A major pull back for BTC may coincide with that same multi year resistance of 0.70-0.86 for XRP. That could create a big drop for BTC into the mid $20k region, as well as a dump of XRP to the 0.33 region. That would prime XRP for a historical pump back into the ATH territory. Just take a look at the previous huge pumps, all had a swift correction followed by a massive breakout. All I have to say is watch out for that $55-58k region for BTC and see how the XRP resistance levels line up with that timing. If we see 0.33 in the coming week or two, things are about to get very exciting, very quickly... #lightattheendofthetunnelafterall
BITSTAMP:XRPUSDLong
by orlinmyer
3
An AnalogyXRP is the car (elevation is price) Bitcoin is the driver ($19,000/ATH wide awake - $11,700 fully asleep) Bitcoin Dominance is the fuel tank (67% full tank - 25% fumes - 15% empty) Big day of driving ahead, up to a mountain peak. Get your coffee so you’re alert and excited to start driving up the mountain. Car gains elevation, you decide to stop for petrol early on. As the day goes on you keep an eye on your fuel tank and monitor your alertness level. Halfway through the day you decide to turn around and drive back to the rest station you just passed for a break and to get some more petrol. After the rest you decide to press on because its already getting dark and the road is getting more steep. You know that you need to get to the top as soon as possible because the forecast is calling for heavy snow, so you decide to bypass any rest stations because you think you have enough fuel, and you don’t think you’ll fall asleep. After a while you start to realize that you may not have enough fuel after all, but it’s closer to the top than to turn around to fuel up. You can barely keep your eyes open, and you are almost out of fuel. You make it to the top, thank goodness. In the morning you realize its pretty cold at the top, so you decide to go back down into the valley for rest and to fuel up. Luckily you can cruise in neutral down the hill before getting to the petrol station. After a while you realize there is an even bigger peak you want to summit...
CRYPTOCAP:BTC.D
by orlinmyer
1
XRP 200d MA crossing 500d MAWe haven’t even gotten started yet. For those of you thinking we have already peaked and already wanting out, take a look at this. In my opinion, the XRP bear market began in Oct 2018 with the crossing of the 200d MA below the 500d MA. That signalled a prolonged stay below 0.305. A new bull market is just about to begin with the 200d MA set to eclipse the 500d MA for the first time in over 2 years! So the choice is up to you, believe we are topped out and sell to the bulls, or ride this XRP rollercoaster from the beginning of what could make the last bull market look like a mole hill. We literally haven't even began yet... Wild You do you though, don't listen to me .. #youdoyou
BITSTAMP:XRPUSDLong
by orlinmyer
5