Welcome XRP friends! Wondering where we're going? Here are some things to consider :
As we come out of our US Thanksgiving Day food comas, we're looking at some decent gains on the most recent run BUT, you're asking if this is it? Honestly, I think it still has legs for the 0.45 area where we find resistance at the 200 EMA
Look at the fork and see if it makes sense to go there, I think the Fibonacci's all suggest it's possible.
Remember, XRP ALWAYS pumps before mad dumps and there's still a ton of overhead selling pressure if you look at the VPFR, Look at all the volume that went into the 0.50+ range before the most recent selloff.
Check out recent statements by Ripple CTO regarding ETH looking more and more centralized as a result of much of the network relying on AWS servers. What a comedy show and Vitalik looks more tarded with each passing day.
Bitty is also having plenty of negative light being cast, I can't see us NOT having more down.
Anyway, see you at the bottom . . eventually
As we come out of our US Thanksgiving Day food comas, we're looking at some decent gains on the most recent run BUT, you're asking if this is it? Honestly, I think it still has legs for the 0.45 area where we find resistance at the 200 EMA
Look at the fork and see if it makes sense to go there, I think the Fibonacci's all suggest it's possible.
Remember, XRP ALWAYS pumps before mad dumps and there's still a ton of overhead selling pressure if you look at the VPFR, Look at all the volume that went into the 0.50+ range before the most recent selloff.
Check out recent statements by Ripple CTO regarding ETH looking more and more centralized as a result of much of the network relying on AWS servers. What a comedy show and Vitalik looks more tarded with each passing day.
Bitty is also having plenty of negative light being cast, I can't see us NOT having more down.
Anyway, see you at the bottom . . eventually
Comment:
Heads up : Full moon occultation of Mars beginning over US at around 6:30 PM PST, let's see what they do to these markets eh? ;)
Trade active:
Hey gang, so we did not seem to have any kind of Mars occultation / full moon market action but it's been a bit since I've updated my chart on this. We did actually take a scalp on XRP3S (leveraged tokens on Kucoin) and made some decent $$ on this bullish cypher. We TP'd about 1/ way down to "D" as the exchange was locking us out for "maintenance" and we didn't want to get stuck inside of a large move. Anyway, let's see how this bullish cypher plays out eh?
Trade active:
Hey crew, sorry for the radio silence, been jammed up over here but it looks like the fork is playing well with our XRP. We scooped up a healthy DCA long bag over night and into the end of last candle sesh. Here's what we're eyeing . .
Trade closed: target reached:
Hey gang, sorry it's taken so long to post an update but XRP took it's sweet time getting back up to our target levels. Look at that FREAKING GARTLEY!!! TP's if ya got em and start looking for short entries ;)