My Fellow HODL'ers,
I wanted to share this perspective with you. Here we see a Zoomed Out perspective of XRP/USD. The yellow horizontal line is the noteworthy 30 cents level. The horizontal red line marks the bottom of the consolidation that bounced price to the 3 dollar area. The red zone that spans the bottom of the price action is what I consider to be the upper and lower 'bottoms' for price. The green line that sweeps from the bottom to the top of the red zone shows the hard curve that will ultimately carry the price. Of course, the white vertical rectangle represents the Halving timezone. I think all zones are in play at the moment, however, ultimately XRP is looking bullish. In times like these don't forget to Zoom Out.
Not Financial Advice, DYOR.
I wanted to share this perspective with you. Here we see a Zoomed Out perspective of XRP/USD. The yellow horizontal line is the noteworthy 30 cents level. The horizontal red line marks the bottom of the consolidation that bounced price to the 3 dollar area. The red zone that spans the bottom of the price action is what I consider to be the upper and lower 'bottoms' for price. The green line that sweeps from the bottom to the top of the red zone shows the hard curve that will ultimately carry the price. Of course, the white vertical rectangle represents the Halving timezone. I think all zones are in play at the moment, however, ultimately XRP is looking bullish. In times like these don't forget to Zoom Out.
Not Financial Advice, DYOR.
Comment:
The macro perspective is still valid. The key levels are holding up well and have been recently validated. I posted an updated view of this perspective recently. It can be found in the related ideas section of this post. Thanks for your time and consideration. Remember is the journey that makes us, not the destination, if you don't have the discipline to be patient then you most likely don't have the discipline to manage your future wealth well.
