xrp-nuke Posted May 30, 2021 Share Posted May 30, 2021 1 minute ago, BluKoo said: XRP did make a move independently from BTC, so maybe something is brewing but who knows. Independently? BTC moves from 33 to 36, XRP follows, it just sometimes bigger XRPBTC pump 🥺 Link to comment Share on other sites More sharing options...
Neurotoxin Posted May 30, 2021 Share Posted May 30, 2021 4 minutes ago, xrp-nuke said: Independently? BTC moves from 33 to 36, XRP follows, it just sometimes bigger XRPBTC pump 🥺 Yeah, they’re definitely still tied together. We have another hearing this friday the 4th. Brad and Chris’s reply to the SEC’s Opposition Brief to their Motion to Dismiss. Link to comment Share on other sites More sharing options...
w1s Posted May 30, 2021 Share Posted May 30, 2021 We are going to hang around 1$ for years now. Link to comment Share on other sites More sharing options...
Neurotoxin Posted May 30, 2021 Share Posted May 30, 2021 2 minutes ago, w1s said: We are going to hang around 1$ for years now. That actually wouldn’t be too bad. Link to comment Share on other sites More sharing options...
w1s Posted May 30, 2021 Share Posted May 30, 2021 Just now, Neurotoxin said: That actually wouldn’t be too bad. Daytrade4life. Holders gonna hate. YoYo_Bg 1 Link to comment Share on other sites More sharing options...
Neurotoxin Posted May 30, 2021 Share Posted May 30, 2021 A bit of good news here Chookstar 1 Link to comment Share on other sites More sharing options...
Molten Posted May 30, 2021 Share Posted May 30, 2021 Right now we just have a perfect backtest of the break out line but, I have to admit, across all of crypto, the charts don't look good. Big downside moves like these don't resolve quickly and I expect this will be a long slog down for the next 3-6 months before any meaningful growth. Somehow I doubt we are in for another "crypto winter" but there needs to be a big consolidation here. Caveat: I do think there is a high probability of a near term pump and this might be a good exit point for those not wanting to hold through volatility. I think the odds of us just resuming the bull run here are very low. Sorry for the bearish post, still expect good things later this year or into 2022. Neurotoxin, JoeBishop, WarChest and 3 others 3 3 Link to comment Share on other sites More sharing options...
Mummabearinvestor Posted May 30, 2021 Share Posted May 30, 2021 2 hours ago, w1s said: We are going to hang around 1$ for years now. How do you know this? Lol i highly doubt this and im only new. I think it wwill either go up or drop super low. Link to comment Share on other sites More sharing options...
Neurotoxin Posted May 30, 2021 Share Posted May 30, 2021 10 minutes ago, Molten said: Right now we just have a perfect backtest of the break out line but, I have to admit, across all of crypto, the charts don't look good. Big downside moves like these don't resolve quickly and I expect this will be a long slog down for the next 3-6 months before any meaningful growth. Somehow I doubt we are in for another "crypto winter" but there needs to be a big consolidation here. Caveat: I do think there is a high probability of a near term pump and this might be a good exit point for those not wanting to hold through volatility. I think the odds of us just resuming the bull run here are very low. Sorry for the bearish post, still expect good things later this year or into 2022. I for one appreciate your transparency In sharing your outlook the way you see it as opposed to presenting it with a bearish or bullish bias. I really think nobody really knows what’s going to happen next. I think we are in uncharted territory now that after such a severe crash, we haven’t really had a recovery and have instead pretty much gone sideways (albeit in a downward trend, at least when looking at the relatively short term). We are finally starting to see adoption and crypto has gone pretty mainstream, we have the very high profile and important SEC vs Ripple case going on and a lot of eyes are on this. I think that’s going to cause a cascade of events including finally getting clear regulations/guidelines to follow regarding crypto, defi and all that, and who knows? After that the market might finally grow and decouple from BTC and stop being this stupid pump and dump and projects can finally start to grow based on their fundamentals and merit as opposed to manipulation of random tokens. Molten, Chookstar and Julian_Williams 2 1 Link to comment Share on other sites More sharing options...
Seoulite Posted May 31, 2021 Share Posted May 31, 2021 Weekly candle close: Could look better but could look a whole lot worse. XRPUSD is just like that, although the stage is set for us to return to the 1.15 area, and beyond that the 1.40 area on the daily chart. XRPBTC looks fine. BTC close is rough but there is a chance it will come back to 42k fairly soon. I disagree with Molten here, though his analysis is much better than mine. I don't think we are in for 3-6 months of slow down. Admittedly it is very difficult to predict timeframes, but I think we look good for some upside sooner than that. If the monthly candles close here or above then I think we will look good for the next monthly candles on the XRP charts to close green. BTC is another story, this monthly candle is intensely red and the next one could reach 20k. 20k is the bottom for BTC I think, would be surprised for it to go lower. In any case, fundamentally I don't think XRP hangs around for a few more months. Flare is going to shake it up, and the SEC case continues apace. There's also no guarantee that the market will move as one. I agree that BTC looks bearish, but that doesn't mean everything necessarily is. Neurotoxin, Chookstar and xrp_sea 3 Link to comment Share on other sites More sharing options...
Neurotoxin Posted May 31, 2021 Share Posted May 31, 2021 21 minutes ago, Seoulite said: Weekly candle close: Could look better but could look a whole lot worse. XRPUSD is just like that, although the stage is set for us to return to the 1.15 area, and beyond that the 1.40 area on the daily chart. XRPBTC looks fine. BTC close is rough but there is a chance it will come back to 42k fairly soon. I disagree with Molten here, though his analysis is much better than mine. I don't think we are in for 3-6 months of slow down. Admittedly it is very difficult to predict timeframes, but I think we look good for some upside sooner than that. If the monthly candles close here or above then I think we will look good for the next monthly candles on the XRP charts to close green. BTC is another story, this monthly candle is intensely red and the next one could reach 20k. 20k is the bottom for BTC I think, would be surprised for it to go lower. In any case, fundamentally I don't think XRP hangs around for a few more months. Flare is going to shake it up, and the SEC case continues apace. There's also no guarantee that the market will move as one. I agree that BTC looks bearish, but that doesn't mean everything necessarily is. I can’t wait till the day the good projects decouple from BTC and grow organically. This is why so many of us here are upset. We picked assets based on logic and future promise based on the tech and the team behind it and weren’t rewarded for it nearly as much as someone who just picked a random memecoin that skyrocketed out of the blue. Ahchai, Chookstar and Seoulite 3 Link to comment Share on other sites More sharing options...
Seoulite Posted May 31, 2021 Share Posted May 31, 2021 10 minutes ago, Neurotoxin said: weren’t rewarded for it nearly as much as someone who just picked a random memecoin that skyrocketed out of the blue. I actually think in the long term we will be rewarded more greatly through a combination of price appreciation and free access to Flare. Not long now. Neurotoxin and Chookstar 2 Link to comment Share on other sites More sharing options...
BluKoo Posted May 31, 2021 Share Posted May 31, 2021 9 hours ago, xrp-nuke said: Independently? BTC moves from 33 to 36, XRP follows, it just sometimes bigger XRPBTC pump 🥺 You obviously didn't see what I saw. Xrp had a mini pump and BTC sat still. A little like what's happening right now. An independent move. Neurotoxin, Chookstar and xrp_is_love_xrp_is_life 3 Link to comment Share on other sites More sharing options...
Neurotoxin Posted May 31, 2021 Share Posted May 31, 2021 (edited) 43 minutes ago, BluKoo said: You obviously didn't see what I saw. Xrp had a mini pump and BTC sat still. A little like what's happening right now. An independent move. Oooh it’s nearly a dollar, good spot! Edit: already crossed a dollar. Maybe people digesting the good news about the case? Idk, we’ll see what this looks like tomorrow. Edited May 31, 2021 by Neurotoxin BluKoo and Chookstar 2 Link to comment Share on other sites More sharing options...
w1s Posted May 31, 2021 Share Posted May 31, 2021 7 hours ago, Mummabearinvestor said: How do you know this? Lol i highly doubt this and im only new. I think it wwill either go up or drop super low. Magic triangles. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now