End of December outlook...Pretty good so far after predicting the expected price path of Xrp drawn on Sept 29th. From here we can see my prediction shows Xrp will gradually fall off from these approximate tops to test the lows of the longterm uptrend leading up to New Years Eve.
I believe we're seeing the final moments of Xrp staying under $1. Come New Year 2024 Xrp will remain over 0.50 cents indefinitely.
Xrppattern
A drawn out expectation of Xrp's pathFrom the fractals we've been observing 2 times already since March 2020.. we've completed 2 cycles of fractals that are in comparison identical in structural terms to each other. The 1st largest cycle fractal ended (within the price range) in January of this year before making a new smaller 2nd cycle fractal that has already been completed. This rise in price begins the 3rd and final fractal within the range that will take us to the pinnacle of the end of the wedge where Xrp must decide to breakout of the wedge pattern. This is in relation to the first created wedge pattern that occured prior to the 2017 Xrp bullrun.
As it is said.. history rhymes & this is what's to be expected for these final months where the overall falling wedge pattern ends at the end of April 2024. Highly anticipated that this will trigger the breakout to all time highs we've all been expecting.
The more we wait the more it becomes obvious. Happy hodling or trading 😄👍
Diamond breakdown confirmationWasn't entirely sure of the diamond pattern in the previous chart that I produced after spotting it the other day. Although I believe now that we have the confirmation of its breakdown after the selling signal structure of the pattern.
Seems to me Xrp will retest it's bottom support trendline upwards again 👍 More accumulation for us Tradeview whales 🐋 😀
Like looking at a mirrored reflection 😯We've now had this move back up to the mean support at/and over 0.34 cents in rapid succession. These blue lines I drew up on November 9th in predicting the Xrp chart price action, and it's amazing how this has all played out. And now we're moving back up to my lowest next predicted target.
Next target is 0.35 cents although the mean support will be 0.34 cents come January 9th to the 11th. 0.35 cent wall support of 0.35 cents for Xrp comes in at February 23rd. So look forward to gains in the next few weeks! We don't have any time for bearish noobs anymore! 💪
$XRP $Economy Technical Analysis & Breakdown | July 2020Technical Analysis & Market Breakdown of XRP & our economy CRYPTOCAP:XRP
Easy Loot's Bullish Trade: If we successfully hold & breakout...
Estimated Time: 2 Months
- Entry: $0.18759
- Target Profit: $0.21227
- Greedy Target Profit: $0.2213
- Stop-Loss: $0.18526
XRP News:
- According to CEO Adam Traidman, SBI Ripple Asia is conducting trial and pilot projects in Asia for Ripple’s On-Demand Liquidity.
- Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand. For those that don't understand this, ask Jerome Powell. To explain farther, the Fed (J.P.) is buying bonds like never before. In even simplier terms, the Fed is printing money and pumping it into our economy...
Can you guess why this is actually bad for the Crypto market?
Well in my opinion, I believe us investors just don't have enough money to hold up the major Crypto coins yet pump the market as the Fed is doing.
The Fed is blowing up a bubble, a bubble in which is filled with fake money to hold up a economy built to last. Unfortunately, our society has outgrown our economic structure which has left our market makers shook and nearly confused. During the first crash (this year), we saw Cryptos & Metals follow SPY as everything tanked.
When this next bubble pops, what will hold our Crypto markets up? Better yet who?
Do not trade this, take any information as a grain of salt. This is not financial advice.
DotcomJack | Easy Loot | The Dotcom Takeover