I'm not an expert in Wycoff but this feels very much like a slow accumulation and shakeout.
I'm working on the basis of Fib timezones which seem to fit nicely in the current pattern , suggesting a few more days of accumulation to follow. This would mirror previous long accumulations seen on XRP.
I expect to see a <$0.2 jump to circa $0.35, and then onwards, probably to $0.6ish before running out of steam and some serious retracement before starting a steady climb once more.
If orchestrated, the date of 15th for ceasing of trading would create short term panic and more FUD, driving the price lower once again aiding the natural shakeout .
Therefore I expect the jump somewhere between 15 and 18 Jan (not a conspiracy theorist)
Thoughts?
I'm working on the basis of Fib timezones which seem to fit nicely in the current pattern , suggesting a few more days of accumulation to follow. This would mirror previous long accumulations seen on XRP.
I expect to see a <$0.2 jump to circa $0.35, and then onwards, probably to $0.6ish before running out of steam and some serious retracement before starting a steady climb once more.
If orchestrated, the date of 15th for ceasing of trading would create short term panic and more FUD, driving the price lower once again aiding the natural shakeout .
Therefore I expect the jump somewhere between 15 and 18 Jan (not a conspiracy theorist)
Thoughts?
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.