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MASSIVE 33% to 50% DROP IN XRP COMING SEPT. 9th - 15th.I believe there is a massive drop coming for XRP during the week of September 9th through the 15th. Don’t ask how I came up with this prediction; it’s too complex to get into. I don’t know if the drop will be a massive red candle in a single day or if it will be a multi-day process to achieve these lows, but I’m predicting that the minimum price drop will be 33%, and it will most likely range between 33% ($0.3838) and 50% ($0.288) in total, somewhere between September 9th and September 15th (less than two weeks away). And if the price overshoots the low end of the prediction ($0.288), it may even drop as low as .18 cents, but likely won't hold long at the that price before rebounding. For some, this will be the scariest moment in crypto. For others, it will be the buying opportunity of a lifetime. This most likely will not be limited only to XRP, and will be experienced throughout the overall crypto market. Key takeaways from this prediction: - Price will drop below $0.3838 sometime between Sept. 9th through the 15th. - Price will go as low as $0.288. - If the $0.288 level is broken, price may go as low as $0.18 cents momentarily (Refer to my chart below). Keep some cash on the sidelines to purchase physical coins to add to your long-term XRP stack. This buying opportunity may last only minutes or could extend to days; only time will tell. Let the countdown begin. And yes, I know this is a bold prediction, but I wouldn’t be sharing it if I didn’t believe it was actually going to happen, and yes, I may be wrong. Good luck!
BITSTAMP:XRPUSD
by MetaShackle
53
GBPNZD No sleeping tonight! Big Multi Timeframe Drop!Not sure what this looks like to you, but this will be my 5th Massive multitime frame synched drop. It happens rarely, I could probably find one every week if I dug deep but finding then by accident is so much sweeter. I tracked one of these dropping for 5 days one time. It was like watching a nuclear warhead drop! I called it the finger of GOD. RED candle just dropping straight down. Its already moving on the hour.. The way this will work is that it might pull back to mean and ever 3rd or 4th time it might go to the top BB and then drop again. The smaller time frames will dump then the next largest and so on and so forth. If you look at the higher timeframes you will see a pattern. The weekly is stuck in the up position in the middle of the W . The Daily has already came down and it is what the weekly will look like when this is done. The 4hr just finised the W at the top of the move. Not the much larger one like the Daily. The hour is already finished the W at the top and is about to drop to help the larger timeframes catch up on the move. This will most likely bounce between $2.00 and $2.10 until the Weekly is done with the middle part of the W. Then it will go back up to make the last leg of the W. When that is finished it will set up to DUMP this might take weeks to finish but you have a move here to play over and over til it does. by iCantw84it 10.29.23 p.s. started my trade as I was typing this its already up to $300.
Short
by iCantw84it
Is it a correction? Retrace? Bear run? Markets are selling!This is just a quick post to overview the market macro data. Yesterday there was a systematic market shock as over-hyped, over-price bull run ran out of steam. People were panicking and speculating right and left. Price was dropping, exchange apps were crashing and ETH even dropped to $700 on Kraken. Not sure if anyone managed to buy at that price level as all exchanges at that moment have crashed. But nevertheless, it is an impressive 24hr drop for ETH from $1970 to $700! Today, at 9am GMT, yet another "crash" where ETH dropped from $1600 to $1360 just in an hour! Is this a correction? Retrace or are we now in the bear market? There can be lots of debate on how you slide and dice data. At a macro level, BTC "the one that rules them all" usually moves ahead of the market. Altcoins usually are forced to follow. BTC has risen about 200% since December 2020. ETH with a little lag has risen about 220% during the same period. Looking at the raw data one could easily be mistaken that ETH overperformed BTC, however, I would doubt that's the case. Since there is a price lag, market is dictated by BTC and altcoins are much more price-sensitive than BTC I find ETH/USD overlay over BTC/USD to be a good indicator of what is going on in the market. The way I see it is that since 14th of Jan market has been overpriced and the correction was due. Market was overhyped and the higher it rises, the harder it falls. The last two days confirm the change in pattern. A key question remains - what's next? I have seen all sorts of wild speculations yesterday. The reality is that no one knows. Market is in shock, the pattern has changed, a new baseline needs to form to evaluate what is overpriced and what is underpriced. It is very likely that with today's US open, the price will drop further. Today's "technicals": The position is - do not freak out . Market will be testing for the bottom and it may drop significantly lower. Forecasted highs are at FOMO. Of course, it is great if you can be glued to the screen, buy the dip at ETH $1355 and sell at $1510 15 mins later. But most won't. There is no mid-way point today to judge what is a good price. Forecasted lows are at FOMO too! I do not believe that ETH will drop below yesterdays ETH $700 for a sustainable period of time. However, there is a massive gap between the current price of ETH $1500 and $700! Enjoy the FOMO! 🤑🍿 If you would like to have early access to my TA's, make your best guess if it is a Retrace, Correction or are we in a long run Bear Market now!
Short
by DataMoney
10
Merely an idea : All CryptoSo, earlier, I posted on ZCL and then this happened.. The price fell through the floor.. Literally, it dropped 10x in value in a minute.. If you got some earlier on, don't panic, it'll go back up soon.. If you didn't, then need I suggest the obvious? That said.. This whole thing has brought an idea to mind.. Since ZCL was the first to go up sharply, and then go down even more so, I'm thinking this behavior might well be repeated by other coins.. The explanation for it is technical, but basically, in a nutshell, this is the second leg of a double bottom of considerable size.. Always keep in mind that price movement is fractal, and therefore repeats itself at different timescales.. If one takes this into account, then in theory, everything that happens at a small (short) time scale, should repeat in the same exact manner on larger (longer) time scales, similar to the $1000 drop in 1 minute BTC had on Saturday.. I'm sure many of you will think me crazy, and that's ok.. This is just an idea.. But one that merits a closer look, considering that there is indeed a possibility of it happening elsewhere.. This is the second that I'm aware of, and I'm betting there will be more.. My suggestion is to keep some of your holdings liquid (and hope whatever your choice for this purpose doesn't experience the same thing). If another coin bites it like ZCL just did, buy at the bottom and ride that bitch back up.. We'll see soon enough if there's any validity to this idea.. If ZCL recovers to previous levels in a similarly rapid fashion, then this gets my vote for how to buy low sell 10x higher.. * I'd bet on BTC for the liquidity purpose, since it's already had its big red candle.. Let me know if you notice similarly huge drops elsewhere and we'll ad this method to the growing number of ways to hack the system.. Or feed our madness.. Whichever comes first..
ZLong
by Lezz
26