Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short-term dips/rise. Short term is irrelevant for the move that is coming!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News is manipulated by the elites, and they take advantage of our emotions. Stop listening to the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
Facts: 1. We are still within the triangle. March 2022 is the end and will determine if we head up or down! 2. I don't follow news as much, but the big move will happen once lawsuit settles and relisting XRP in exchanges! 3. Relisting in exchanges and Lawsuit settlement would cause FOMO in the market, which is also good for all Crypto! 4. Stochastic RSI - When we cross bullish and above the 20 level, XRP 4x - 74x in price! Awaiting for the Stochastic RSI cross again! 5. RSI - Highly oversold on the monthly! Wil start slowly taking profit once RSI reaches green box!
Buy Targets: Between the Red box ($0.63 - 0.84) Sell Targets: Please check chart!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
As much as I hate this propaganda-driven shit called XRP (youtube is filled with 10-50k price predictions.. LOL), I believe a pump is just inevitable. It's the only top 10 that hasn't made a new ETH in this bull run. Once the makers decide its time the FOMO retailers will drive the price to record highs. Once it does pump though, it could signal the true beginning of the crypto bear market. Who knows, I hope I'm wrong lol! XRP at 14$ would mean a market cap at around 680 billion? Big call! Nice analysis bro, let's see how this plays out.
PaulStonks
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@bL1TZZ, If u compare it to the past: XRP flipped always ETHs marketcap for short time, before all bearmarket. That would make sense, ETH even can pump a bit.