XRP Forming Bullish Macro structureTodays CPI leads me to believe inflation is trending down which is a good sign for markets. Healthy markets plus good news from SEC lawsuit would get this to somewhere around $6.3-$7. Current economic environment is volatile, news can change this idea at any moment
Cripple
Ripple in a channel [Legendary Analysis]I just would like to sum up Ripple analysis by "1 million soon" retail printed out of thin air magic beans investors.
"Uuuuh but muh government fiat is printed out of thin air too". Haha find me the idiot that told people to invest long term in fiat currencies.
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As you can see, Ripple is clearly in an uptrend. Market cycle return to the mean.
Wowow wait give me a second.
Wait no this was wrong. Pff, every one knows you have to use a log chart duh!
Oh wrong one, wait a second.
AHA!
Oh for crying out loud
Give me a second.
Emm so give me a second, looks like we are getting a discount on ripple.
Who is crazy enough to sell at this price? (Founders that got a basis price of zero).
Hum wait, in all charts, the price falls below the mean, and then returns to the mean.
This is actually perfectly normal.
XRP whale or management buying every dip at 28 cents?If XRP can hold this line, great risk/reward trade long setup. I personally hate the cripple token, but this is noteworthy. If/when XRP breaks below 28 cents... lookout below. Target is a few pennies which could knock cripple out of the top 20 tokens.
XRP:BTC Market maker patternsRipple's market maker loves letting the market bleed out only to pump it hard and violent once the sell volume drys out.
I've copied the bar pattern from late September 2018 (see left) pump to the current chart situation. This may as well happen, however I'll be happy with +35%.
Short with DCA at the 0.65 if it gets thereThis is a short that should not be missed. We have bearish divergences on the daily timeframe and the price is at the 0.5 retracement level. It could go up to the 0.65 retracement level, where is the resistance of the ascending broadening wedge so ladder your shorts carefully.
Going long on RIPPLE THE OLD CRIPPLELol 90% retrace? and people still think its overvalued XD
Tp levels in image
I rarely give signals out for free due to my VIP product but things are really looking good in the markets and I see big things coming so out of generosity this one is free
remember STR buy signal of 2017? yeah same story again here with ripple.. speaking of that STR is breaking out of its bullish triangle
hope you all stay profitable out there!
Crypto logic. To the moon! \(°0°)/Time for celebration for me! After 2 dead months in the Forex market (I could have made progress but I did not know it well enough), the USD finally broke out of consolidation (no fakeout please), and activity is finally going to be back. I have no reason to trade crypto now. I only traded crypto this summer because I had a hard time finding setups.
Now, let me put crypto back where it belongs: a low profitability dead market.
BUT, there is one point to crypto, and that is to amuse us :)
The crypto cult is one of the dumbest the planet has ever seen, they are worse than flat earthers, and since we cannot help them anyway, might as well use them for our enjoyment right?
Hence, to celebrate, let me start an idea about idiotic crypto 'logic'. Here I will regularly post idiotic ideas from the crypto fans.
Even thought the 1rst one truly is the ripple one posted here, let me inaugurate this post with this:
"This 18 year old bought a few Bitcoins when he was 13 years old.
Let's go to a conference so he can explain to us what finance is."
www.cnbc.com
gizmodo.com
19 now, he must be much more experienced.
This mastermind flies jets apparently, and with part of his 3 millions, he built an ... octopus ... suit...
www.digitaltrends.com
You can't make that shit up. Oh my, his "fortune" is going to disappear so fast, and it's going to be so funny when we see him working at macdonalds.
XRP Crushed, 8 Cents Inbound Well, let's just be honest, our good friend cripple is an even bigger scamcoin than ETH and LTC. That combined with the fact that XRP has broken down from a major trend line + important pivot supports = it's time to get out lol. Anyways, I want to let everyone out there who is hurting right now know that I am sorry you were scammed and I am sorry you were lied to I know it must be brutal AF and I am not a cold heartless monster I do have empathy for you guy So If you are a bagholder of any coin please drop me a like adn stop reading now lol...ok...
I have to admit guys on days like today when the entire scam coin market is in bloody bloody red I feel like a kid on christmas day, as you can probably tell from my adhd like updates on every post I have I am just euphoric lol, I really do hate most alt coins (the reason I hate them is they are blantant scams to dupe the average man into losing his money) so today is just glorious. I think the future will be even more glorious as hundreds and hundreds of coins enter the dead zone and drop off the map completly. Anyways, As far as the king BTC goes, I think we will probably get a bounce soon, just like something can go up forever you would thing this thing would have to bounce soon as shorts begin to cover (like i am about to do). I love the king but I think capitulation is around the corner and it will be good for the market, imagine a massive wildfire burning up all the old dead rotting things in it's path...what comes after? The rain and after the rain comes new growth, real growth...this is what the fire of death is going to do to the crypto market and I welcome it with open arms.
Red Boar