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Charting the course of XRP


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I was participating undercover :).  The trolls became too overwhelming while XRP was in the dumps, I figure its safe to come out again.

These threads are being derailed by childish banter, could you please keep things on topic and move your chit chat elsewhere. The forum is becoming less interesting for many of us.

Happy Monthly candle close everyone!  XRPBTC closed above 2555 which was my bullish level. This is a great sign. I think it is now reasonable to expect the next monthly candle to be either a 50% i

14 minutes ago, XRP_to_20dollars said:

Lol I like you but your calls are so consistently wrong it is becoming meme worthy. 

What call did I even make there?  I suggested zooming out to look at the macro picture.  

Also, I literally called Friday night the possibility of dropping down to the $0.27-0.28 range and that I would like us to stay above $0.27.  If you don't like my TA, don't follow along, but stop with the disrespectful stuff.

On 2/14/2020 at 5:09 PM, Molten said:

 

To present a contrarian view, I also see it as perfectly reasonable that we could retrace down to $0.27-0.28 before resuming an uptrend.  I don't think we are quite ready for full parabolic yet, so there will likely be some dumps along the way up.  That would seem a logical price target in the short term if we are due for a dump.  Below $0.27 would have me concerned.

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1 minute ago, nakedzzrp said:

The "dump" part of the pump and dump is commencing

I am not at all convinced that this is the end of a pump and dump.  We were way too overstretched and had gone too far too fast, this was a rather obvious pull back.  It always outpaces what is "comfortable" but I am looking at $0.27 as an important level to watch.  If it breaks below that level, than I would be concerned as well.

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Time to post another "meme-worthy" chart.  The most bullish scenario for today would be if we could rise up a bit and close above the bearish resistance line that we broke above a few days back.  To come back down and test is completely normal and healthy, but we need to have a successful bounce off of it to remain bullish.  Will post the weekly after the close tonight.  The number to watch is around $0.288 or so.

gRENwC2x

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39 minutes ago, XRP_to_20dollars said:

Lol I like you but your calls are so consistently wrong it is becoming meme worthy. 

There are two things certain in life on the dips.

1- Buying 

2- XRPto20 coming out of Momma’s basement. (Which in itself meme worthy)

Edited by ManBearPig
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25 minutes ago, Molten said:

What call did I even make there?  I suggested zooming out to look at the macro picture.  

Also, I literally called Friday night the possibility of dropping down to the $0.27-0.28 range and that I would like us to stay above $0.27.  If you don't like my TA, don't follow along, but stop with the disrespectful stuff.

To be fair you also said by Sunday the price is gonna breach 0.34$! Can't just say you are right because you predicted the price is gonna go up and down! Lol

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59 minutes ago, Molten said:

Time to post another "meme-worthy" chart.  The most bullish scenario for today would be if we could rise up a bit and close above the bearish resistance line that we broke above a few days back.  To come back down and test is completely normal and healthy, but we need to have a successful bounce off of it to remain bullish.  Will post the weekly after the close tonight.  The number to watch is around $0.288 or so.

gRENwC2x

moment of truth - it has already slipped to .289.  Should it bounce hard?

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1 minute ago, Julian_Williams said:

moment of truth - it has already slipped to .289.  Should it bounce hard?

Actually it just rose back up to $0.289... it dipped down to the $0.27's already today.  Lets see where we are at the close in about 6 hours.

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55 minutes ago, nakedzzrp said:

To be fair you also said by Sunday the price is gonna breach 0.34$! Can't just say you are right because you predicted the price is gonna go up and down! Lol

I'm not saying I'm "right", as I've always said, I have no claim to know the future.  In regards to that call, i said the trend has us toward $0.34 if it doesnt break but in the exact same post i also outlined the possibility of this drop.  I had been saying for days that we were overextended and overbought.  And, FFS, we DID breach $0.34 before this pull back!!

Every time the price drops, the same 3 or 4 people come out of hiding to declare me a charlatan.  Its exhausting.  If you don't like TA, or my analyses in particular,  THEN READ SOMETHING ELSE.

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15 minutes ago, Molten said:

I'm not saying I'm "right", as I've always said, I have no claim to know the future.  In regards to that call, i said the trend has us toward $0.34 if it doesnt break but in the exact same post i also outlined the possibility of this drop.  I had been saying for days that we were overextended and overbought.  And, FFS, we DID breach $0.34 before this pull back!!

Every time the price drops, the same 3 or 4 people come out of hiding to declare me a charlatan.  Its exhausting.  If you don't like TA, or my analyses in particular,  THEN READ SOMETHING ELSE.

They actually don't care at all, they just like to distort and annoy others.

Ignore them, many like to read the TA interps for entertainment. Some don't and think other people should know that they don't like it.

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1 minute ago, Caracappa said:

They actually don't care at all, they just like to distort and annoy others.

Ignore them, many like to read the TA interps for entertainment. Some don't and think other people should know that they don't like it.

You're right, of course.   I just get irritated because I genuinely enjoy coming on here and discussing this stuff with you guys and I truly don't understand why someone who does not enjoy it would feel the need to come on here and share that.

Googo is going to have some company on my ignore list :)

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6 minutes ago, Molten said:

You're right, of course.   I just get irritated because I genuinely enjoy coming on here and discussing this stuff with you guys and I truly don't understand why someone who does not enjoy it would feel the need to come on here and share that.

Googo is going to have some company on my ignore list :)

Yes it's a childish behavior... I like your analysis a lot like most people here although I think it's not that difficult as long as we only follow bitcoin. I hope one day we decouple and than it's gonna be even more interesting to see what you post/think. Keep up the great work

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