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Crypto_Knight

XRP Reaches bullish channel bottom

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5 hours ago, PG1 said:

Yep, 4 XRP on the dollar.  IMO we need to see that one more quick selloff that pushes BTC to mid 5k and XRP to around .25.  Needs to put pressure on penny vapourware tokens going to zero so capital quickly flows into BTC propping it back up and squeezing shorts fuelling a quick move.  Needs to happen somewhat violently.   Better a purge happens now or we will need to come back down later.

Agreed....

  And love the term “penny vapourware” as well!

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I didn't think they'd be ballsy enough to dip into the resistance created by the previous wicks, but they did. Rest assure, folks: this IS the bottom you're looking at. I expect an insanely quick recovery to the $0.33 level, followed by continued growth. Don't sleep around waiting for $0.25.xrp.thumb.png.4a8375b3563b8604af84ac1bb0cbdf81.png

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On 8/12/2018 at 3:47 AM, Crypto_Knight said:

I didn't think they'd be ballsy enough to dip into the resistance created by the previous wicks, but they did. Rest assure, folks: this IS the bottom you're looking at. I expect an insanely quick recovery to the $0.33 level, followed by continued growth. Don't sleep around waiting for $0.25.xrp.thumb.png.4a8375b3563b8604af84ac1bb0cbdf81.png

When do you expect this "insanely quick recovery"??

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14 hours ago, bm32533476 said:

Where are you seeing this? I must be missing something.

Just checking the graph from Coinmarketcap. It's up from 190 mil to 290 mil on the 24hr chart. At this moment the volume doesn't really matter though.

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This is the greatest bull run in the history of my life. I've got some TA that will blow you away. If we don't get back to 30c we will follow bitconnects lustrous path. Bitconnects has paved the way to some of the biggest gains in history. We should be honored to follow it's path. 

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4 hours ago, vsyc said:

Funny story, we have them every dip, 1 to 3 posts from golden members lowering their DCAs or whatever and buying, and dozens shouting same. So, we have buying power!!!

Well that was one accurate prediction for once....

 

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There are still over 1800 cryptos, and the top 100 have MCs of $47M+.  If you're waiting for the dotcom style bust that takes them to zero and leaves only the 3-5 viable ones, it hasn't happened yet, or isn't over yet.  I don't want to be "that guy" saying that more pain is coming, I guessed $0.25 to be serious support level too, but if this crash is supposed to be the mega weed killer, then it isn't over because the weeds are still here.  Otherwise this crash is just another summer ending and we're going to feel this kind of pain again in another cycle.  Only after the weeds begin to die in significant numbers, and you see yahoo finance posting stories about how various cryptos are going to zero MC as everyone pulls out, then we'll get a meteoric rise the likes of amazon. 

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