so maybe we might see 100k and then some downward action...
$26 XRP would be amazing but I don't think there will be enough liquidity to reach that price... $10 should be a safer bet.... don't let greed loose focus...
my opinion is that we are retraced much stronger than expected (probably a short squeeze + ETF excitement), we may have reached top for now are we repeating a similar retrace as before? some Alts may begin to run as the distribution cycle ramps up... if BTC pumps harder ill be back to the drawing board :) good luck to all
We are here... lets see if my second adjustment plays out... if you want XRP to run we want this to break down...
This is my current price action thoughts, I have an entry ready once we cross .69
I made adjustments, as my previous retracement level was smashed through. After a re-assessment it would make sense my new target will most likely become a stronger resistance area for rejection
It could have another dip before more continuation to retracement levels. if it goes lower I have longs ready to activate... if I'm lucky to hit them...
Bearish divergence, It could be just a small correction before the last leg... luring bears to short squeeze them?
ADA rejected at expected resistance, this is only short term price action as straight lines are not sustainable the longer it gets... testing key resistance shows healthy progression...
I think the 0.61 - 0.69 range is a nice spot for cooling off before more upside...
I went long on ADA yesterday at $0.44 very happy with my decision... ill be taking profits at retracement levels about $2.10 :)
Retracement is my expectations for now... if it smashes through 48-53k range then my thesis is completely wrong and ill be back on the drawing board...
I think we are heading for a retracement rally, once we get a correction from the rally longs will begin to climb again... if BTC smashes through my retracement levels of 48-53k my thesis is absolutely wrong...
If it keeps going down its good for XRP to pump...
my current thesis is that its a retracement rally... once we hit my target ill be a bear... if it smashes through to the upside all my thoughts are invalid and back to the drawing board...
I think XRP is creating a small cup and handle patter, inside a bigger cup and handle....