XRP: Will people who missed out get another chance?KRAKEN:XRPUSD
So, as we made over 900% in our XRP buys (Appreciate everyone who messaged me and thank me - you should be proud for holding and being patient as you were rewarded heavily! ), lets see if there is a chance we go lower again.
As always, anything is possible in crypto, just yesterday we saw a huge drop , confirming that crypto havent changed at all.
As price rejected ATH and started retracing we can look at the points where it could go. Just a simple Trendline can mark a spot of reversal. We can see that price is respecting that trendline over the years , and needs/should be tested again.
With that trendline we have two accumulation zones - marked on the chart. This is the place where I would look to reinvest those big gains. As we were selling on the way up and on high prices. . we do not need very low prices to make a another amazing ROI.
So first zone ( BUY ZONE ) corresponds with the trendline and is more likely to happen.
Second zone ( BIG BUY ZONE ) could happen if we get some extension.
Third zone ( ALL IN ACCUMULATION ZONE ) is very less likely to happen but we need to keep that in mind as that is accumulation zone that was left untested. And here would be optimal and best buys that everyone would wish they happen.
So again, this is a long term analysis (you saw how other played out and we made a big money and % gain), so once again BE PATIENT and play it SMART.