Anyone interested in cripple? Some levels.Here is what to look for in cripple. If you want to be ready next time the public gets excited, won't be right away thought.
One fun thing to do is buy on supports sell when it bounces (as it gets really low it will just bounce more %), to get your initial investment back, but leave in your profit. you're in for free! :D
For my part I'll only buy some cripple if the plebs crash it completely to 1 cent or something. FOMO super hard put the price on fire, then panic sell crash it to 0 <3 100% bad 100% noob no restraint. UNLIMITED POWEEEER. UNLIMITED MONEY.
It's ath before 2017 was at 5 cents, during the 2013/2014 bubble.
Keep in mind this:
+++ I am not a financial advisor (good luck finding one in crypto). I only post for trollertainment. Trade at your own risk +++
Cripple
ABC Correction Over at the 4? Volume also recovering...Although it could drop lower, the (4) line is normally where the ABC correction comes down to, while XRP could continue to do a 12345 downtrending, with volume coming back I believe at least in the short term it'll bounce next time it touches the (4). Stop losses set below the (4) on my long.
XRP in ABC Correction? Not 100% if XRP is in ABC Correction because they have enough money to artificially keep the price up if they really wanted too , but due to decreasing volume and obvious signs of bull exhaustion, I think this correction is justified. My target is a 30% correction from the 19k fib but it could only drop to (4) before reversing the trend.
Not trading advice, just sharing my chart and ideas.
Ripple OutlookIf the price can hold the uptrend support expect a strong move upward and use Fibonacci for Profit Taking Areas.
If the uptrend supports are broken open a short on Ripple Futures or Ripple and also use Fibonacci for Profit Taking Areas.
Possibly being way to overhyped / valued? Seems like a large portion of buyers are chasing the profit opportunity or new people that aren't putting fundamental knowledge in place.