Get started

Xflr

XRP Sept 22nd 2021 CompressionInteresting to sometimes take a step back and look at the whole picture. XRP has many converging trendlines that all meet up around Sept 22nd of this year. Obviously this cannot hold through the year, so once these break, it could be a huge break... Diverging from these channels could signify huge upside (or downside if you choose to look at it that way) April and May are shaping up to be very important months in regard to timing. A break of the upside trendline would be very big. #09222021
BITSTAMP:XRPUSDLong
by orlinmyer
24
XRP Final Flag?In 2017 we had a breakout above the previous ATH trendline. December 2013 was the previous ATH and in December 2014 there was an approximate 0.50 Fib retracement that allowed us to form the upper trendline. September 2016 that trendline was broken and then XRP went on to test that line as support until March 2017. There was one more backtest of the support, then XRP began to parabolically rise. Throughout March 2017, XRP flagged under the 0.236 Fib retracement level. XRP then broke out into a new ATH in April 2017. Currently we have a similar setup. XRP has broken through the ATH trendline, formed by the ATH and high of August 2020. We are currently flagging after retesting that support. If we see a rapid breakout above this current price level, we could see new ATH's in rapid fashion. This would probably time out with SEC news that is favorable to XRP. #interesting
POLONIEX:XRPUSDLong
by orlinmyer
9
XFLR Breaks Through First Fib Resistance Level!First off, support.poloniex.com FLR is first given out as a 15% chunk. They take 15% of your XFLR and convert that to FLR. Then each month they receive more FLR they redistribute that to XFLR holders until all XFLR is gone. Some are saying Bitrue is giving out 100% of FLR all at once. Only 15% of FLR is being distributed at first. Initially, the Flare network will distribute 15% of the total FLR airdrop to Poloniex and we will distribute the full amount of FLR we receive to XFLR holders. At that time, all eligible customers who hold XFLR will automatically receive FLR proportionally to their XFLR balance. As we distribute FLR to customers, we will deduct an equivalent amount of XFLR from their account. We will continue this process with each FLR distribution we receive until we have distributed 100% of the FLR airdrop amount. This confusion between Bitrue and Poloniex, alongside extremely thin order books, is allowing for XFLR to have Massive upside. For example, right now, as I write this, a buy order of $535,000 would push the price to 0.38. #oncepeoplecatchonthisisgonnabehuge
XLong
by orlinmyer
1
XFLR Thin Order BookI've discussed before how thin the XFLR Order Book is. I figure I'd explain what I mean by that. Let's say you had a couple million bucks to play with, and your calling was to get some Spark (FLR) token because that's gonna be the be all end all of De-Fi in the coming years. The current price is around 0.22. You put in a market order with $166,029.99, the price shoots up to 0.30. You put in another order with $138,125.43, the price shoots up to 0.40. You put in another order with $258,90.77, the price shoots up to 0.50. You put in another order with $540,352.66, the price shoots up to 0.60. You put in another order with $390,410.00, the price shoots up to 0.70. So your total market order using around $1,500,000 singlehandedly caused the price to go from 0.22 to 0.70. That's a thin order book. All the people who are following me, put in $1,000 and we have a wall street bets scenario on our hands. #justkidding #dontdothat #wellmaybeifyoureallywantto
XLong
by orlinmyer
4
XRP March 29thMarch 29th seems to be a critical day with respect to XRP. There are two long term closing triangles that have formed. One of those will be exited early come March 29th. If XRP closes above 0.50 on March 29th, we will be exiting the triangle formed from the late Jan/early Feb high and subsequent low to the high side. If XRP closes below 0.50 we will be exiting the triangle formed from the November high and subsequent low to the low side. So keep an eye on the 50 cent mark come March 29th. An close above 0.50 may be leading us to great news come the lawsuit as well as the establishment of Flare Network. April seems to be setting up for some fireworks. #fiftycent #indaclub #itsmybirthday
BITSTAMP:XRPUSDLong
by orlinmyer
2
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