Probably not today.
Probably not tomorrow.
Maybe next week?
But probably not.
Clearly too many crypto bulls are still too busy being depressed to smell the hopium in the air.
Oh well, this just means those of us who are hip to the trend have a few extra weeks to find good entries to load up before the incoming moon.
Negativity aside, as shown in the chart, there are at least 3 ascending trend lines that XRP COULD ride up in the short term.
But at this point I've given up on trading the coming Alpha wave.
While the wave to $1 is an inevitability at this point, I'm tired of projecting when it will be.
Just keep in mind, every day we don't wake up to $1, expect the price to move 1% above that $1 I predicted to happen by tomorrow morning.
Every day after the first, add 1% to he previous day's value.
Because that's what's happening 'behind the scenes' as bears dry up their liquidity in these lower levels.
They're weakening their potential positions to hold the price below $1 when the bulls finally try to test it.
So WHEN $1?
Who fucking knows.
Not me, not you, not anyone on this planet.
Furthermore, the person who DOES serendipitous calls it right, KNOW they did so simply by getting lucky to have a large price swing play out in a predictable way. Which literally almost never happens.
That's why I use these triangles.
Because they mute my personal perma-bull bias.
I can chart bull breaks all day, but I OBEY what the price says to my bullish triangles.
I've explained in other posts how to trade based upon my triangles (both from the perspective of a bear and a bull)
So if you're simply trading off of my written words, you're certain to lose out your ass and it's your own fault.
Those who are trading off of what the price says to my triangles though, you've had the potential in the last week of boring price action to capture ~80% in gains, just trading the traingle's projected peaks and valleys.
At any rate, the moon will come in time.
Many of us have patiently waited for nearly a year for it, what's another 1-3 month wait for massive gains?
Just remember, obey my triangles, not my words.
I've been bullish since August 2018 on XRP and will continue to be bullish until Ripple Labs central bank partners announce they're switching from Ripplenet to another digital asset's second layer payment solution.
As for those who are entertained by my countless bad short term predictions, but am tired of being continually proven wrong, I'll give predictions I have 100% confidence in as a 'perma-bull.'
XRP WILL NEVER see $0.25 again.
YOU will NEVER be given that opportunity again.
XRP MAY touch $0.30-33 price range again one to three more times.
But it will NEVER rest on or below $0.33 again.
XRP MAY flatten out at $0.35-$0.37 for 1-3 months.
But even if it does rest at that price point for any extended period of time, you can be assured, by December 2019, you will NEVER get an opportunity to buy XRP below $0.40 EVER again.
Probably not tomorrow.
Maybe next week?
But probably not.
Clearly too many crypto bulls are still too busy being depressed to smell the hopium in the air.
Oh well, this just means those of us who are hip to the trend have a few extra weeks to find good entries to load up before the incoming moon.
Negativity aside, as shown in the chart, there are at least 3 ascending trend lines that XRP COULD ride up in the short term.
But at this point I've given up on trading the coming Alpha wave.
While the wave to $1 is an inevitability at this point, I'm tired of projecting when it will be.
Just keep in mind, every day we don't wake up to $1, expect the price to move 1% above that $1 I predicted to happen by tomorrow morning.
Every day after the first, add 1% to he previous day's value.
Because that's what's happening 'behind the scenes' as bears dry up their liquidity in these lower levels.
They're weakening their potential positions to hold the price below $1 when the bulls finally try to test it.
So WHEN $1?
Who fucking knows.
Not me, not you, not anyone on this planet.
Furthermore, the person who DOES serendipitous calls it right, KNOW they did so simply by getting lucky to have a large price swing play out in a predictable way. Which literally almost never happens.
That's why I use these triangles.
Because they mute my personal perma-bull bias.
I can chart bull breaks all day, but I OBEY what the price says to my bullish triangles.
I've explained in other posts how to trade based upon my triangles (both from the perspective of a bear and a bull)
So if you're simply trading off of my written words, you're certain to lose out your ass and it's your own fault.
Those who are trading off of what the price says to my triangles though, you've had the potential in the last week of boring price action to capture ~80% in gains, just trading the traingle's projected peaks and valleys.
At any rate, the moon will come in time.
Many of us have patiently waited for nearly a year for it, what's another 1-3 month wait for massive gains?
Just remember, obey my triangles, not my words.
I've been bullish since August 2018 on XRP and will continue to be bullish until Ripple Labs central bank partners announce they're switching from Ripplenet to another digital asset's second layer payment solution.
As for those who are entertained by my countless bad short term predictions, but am tired of being continually proven wrong, I'll give predictions I have 100% confidence in as a 'perma-bull.'
XRP WILL NEVER see $0.25 again.
YOU will NEVER be given that opportunity again.
XRP MAY touch $0.30-33 price range again one to three more times.
But it will NEVER rest on or below $0.33 again.
XRP MAY flatten out at $0.35-$0.37 for 1-3 months.
But even if it does rest at that price point for any extended period of time, you can be assured, by December 2019, you will NEVER get an opportunity to buy XRP below $0.40 EVER again.