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Charting the course of XRP

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12 minutes ago, minicuzzo said:

This shows you how ridiculous this market is...and people are making fun of moon Boys.. In this market this crazy moon Boys could be right

Yes crypto is crazy and prices have no relationship to usage in the real world.  If some thing has little or no promise of utility it is worthless, and buying worthless stock at high prices on the hope other people will buy it off you at even higher prices, is worse than gambling. 

Edited by Julian_Williams

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Cup and handle pattern is now complete, back up to the starting point.  Typically, there is more bullish action to follow and that is certainly supported by the bullish crosses on the weekly RSI that we saw today.  It was a big run and we can expect some short term retracement of today's candle, but the short term outlook is bullish.  We have a ways to go until we test the important resistance around $0.29.  If we break above that, then we are starting to look at a more sustained run as we ascend out of the broadening wedge that we have been in since July.

42BH6lIu

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