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Molten

Charting the course of XRP

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10 minutes ago, Caracappa said:

So "we'll never see prices as low as that" if it respects the channel? ;)

I really hope so.  Trying to be objective, everything points to us having hit the bottom around $0.23.  I think we have room to run up from here, but it's crypto....

I do think that we are going to see a different pattern of growth this time around.  People keep posting the old XRPBTC spikes and I reallydont think we will see those type of rapid moons anymore.  There is more liquidity now, possibly utility effect, and so I am looking for more gradual and "mature" growth here.

Anyway, nothing goes straight up and this little pullback was expected.... As long as it stays "little".

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29 minutes ago, Molten said:

Just warning everyone in advance... I won't be around a computer this weekend.... $hit usually hits the fan when I'm out of town, so fair warning.  :biggrin:

How can you just abandon us like that. Just when I needed you the most.......lol.

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I'm looking at XRP/BTC and it doesn't look so good to me.  It could reverse though.  The downside momentum is fading at the moment. 

I just have a feeling we'll know if we've bottomed within the next day or so. I am still holding 40% of my powder dry that I'm planning to use to swing XRP on what I hope is a big move.....tempting to just buy back in, bu there is still a risk our set-up doesn't hold.

494943228_ScreenShot2019-10-10at11_49_17AM.thumb.png.9413988ecf4b51cacaa664610676caf9.png

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44 minutes ago, Molten said:

Just warning everyone in advance... I won't be around a computer this weekend.... $hit usually hits the fan when I'm out of town, so fair warning.  :biggrin:

But I need your financial advice to help me make big investment decisions!!

Edited by baobeiiiii

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2sYIpina

Okay, guys,
be honest.

Will we see new highs or experience the crippling decline from XRP to 0.10 or whatever.

Take a look at this chart.
Since the all-time high, the peaks have become lower and lower.

The exciting question will be now: Will we see higher values at the next run than at the last (about 0.51 dollar), or however the Cryptowinter continues.

I am really curious what will happen in the next months.
Currently we see the lowest values since the all-time high, below 0.285 for weeks, which we should all be aware of.

 

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34 minutes ago, baobeiiiii said:

Here's something that has been 'scary accurate' thus far (Not that I can make heads or tails of it):

https://www.tradingview.com/chart/XRPUSD/lm0axnrJ-xrp-so-predictable/

123123123123.thumb.jpg.16f18d41c8e20a51904534143fcf5eb8.jpg

^ That was made in May! The comments think the dude is a prophet.

Looks like a normal graph but someone has allowed their kid to draw circles and **** at the bottom with limited coloured pencils, I like the ending of the story though 

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