Xrp is beeing massively sold. humungus orders to sell... Don't know why. guess hype train was already priced in before the conference. only 1 target was hit
Ripple to make it's next move
The move so many were expecting has started. The conference went great. Even Ben Bernanke talked about Blockchain.
but time is short. lets jump into it.
This chart seem as if overextended, and it is BUT.
Ripple will most probably enter a hype cycle witch could take the price all up to 1$... yes you read that right.
- This is my favorite pattern. I mean do you want anything easier to spot? =)
An inverse head and shoulder pattern was completed at a big resistance point.
It has retraced into a good entry point (i made the charts hours ago and wasn't going to post, so im sorry if candlesticks are missing)
one out of 2:
Goes sideways for a while, then down to complete a strong reversal sign and then the moon.
spikes soon without sideways movement.
This result is the one I think is more likelly. and the one I will guide myself with this.
Any questions please ask, post made in 10 minutes, probably incomplete
update
¿What do you think?
Leave a reply
I bought Ripple a few month's ago and it's still crap. I know it's for the long haul but still.. I think the margin you get out of it is still crap.
you mean the profit margin? @rkrijgsman
define crap. bad project? bad trading coin?
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Great post!! Itruely belive that Ripple has a bright future, and it is only a matter of time before we can see that in the price!!
altough I hate what ripple represents... money talks my moral walks xD
The thing is that it MIGH be in this rally, meaning it's not a dream passed around in the forums anymore. also as people have that number in their head it's actually easier to get there.
Thank you for the support
Still you have to time your buys..Ripple has a well known history of dropping like a rock, shortly after a rally...I still believe in it, in the long run though!
i dont understand what you mean
Just that people have to time their buys, and be a little bit careful with Ripple
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Nice post
thank you
I doubted stellar and missed the rocket to the moon. It's ok though🌚
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@cryptofused . will take weeks to get to .38 ... arf. hype went away too fast