BustersCharts89

XRP movement to $0.55-$0.60 imminent?

BustersCharts89 업데이트됨   
BITSTAMP:XRPUSD   리플
Getcha moonboi hats on, the 'splosion is near. Well, not really.

Not to ATH's, but we could see a bump to $0.55-$0.60 imminently.

Why? A confluence of chart factors and recent news narratives.

Enter now and look to close position at a 50% gain.
코멘트:
This chart accurately predicted a shoot up to the $0.55-$0.60 range several months ago.

Looking now, there is a massive decision looming on the XRP price chart. Long term resistance and support levels are crashing together.

XRP has technically formed a successful and healthy bottom and it is our prediction that we will, in early March, ~2x again to approximately $0.65-$0.70, which should coincide with a 2x on BTC. It will head lower after reaching $0.65, however. DYODD and take advantage of this, but do not fall into the bull trap.

Best of luck!
코멘트:
Today and the rest of the week feels like pretty make or break, what do you think???
코멘트:
Hmm…feels good to be right.

Two thoughts:
1) don’t forget to take your profits. XRP will not move above $0.70 here. Take profits at $0.60+

2) if you do not own XRP, note the timing re: broader crypto market in judging other moves where the top may not be less obvious. We are looking at around $0.65 for XRP and $42,000 for BTC, before consolidating lower leading into the next BTC Halving. Take your profits on all coins, then rebuy in a few months.
코멘트:
Check out how oddly accurate this chart has continued to be. Skip ahead in time to the present!
코멘트:
Again, this chart consistently predicts XRP overhead resistance.

Update the chart to the present, and look. You will see XRP is at the top of the converging channel that it is trading in.

From here, XRP will head lower to the bottom of the channel, one last time, before the bitcoin halvening. Target buy price is $0.54
코멘트:
And, right on cue, we begin our descent to the bottom of the channel. Set your buys at $0.54-$0.56 depending on your appetite for risk.

I personally will begin buying at $0.58 and DCA a bit lower if/when opportunity arises.
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