$XRP 🌙 Back to the drawing board.
I’ve laid out 3 scenarios at the moment, the targets, timelines and their validation. As mentioned in the tweet below, we watch closely and see which option plays out.
1. Green: original fractal with same targets, different timelines. We would currently still be in the end of 2nd leg up) (Targets: $8-10, $35-40)
2. Orange: assumes our 2 legs are already done, with the 3rd leg to start in August after months of chop. We would be in the chop now. (Target: $8.5, then major correction
3. Purple: assumes we’re actually still on the first leg, with 2 more leg up to go. We would be in the beginning of the 2nd leg up now. (Targets: $12.50 and $60, then major correction)
I am leaning towards #1, but let me know which you think is most likely to happen for #XRP 👇🏽.
I’ll update when the picture is clearer and more candles print. The fractals have been so incredibly accurate for 12 out of 12 weeks, and I don’t believe it’s a mere coincidence. So I wouldn’t be so quick to dismiss it. I also certainly don’t believe this bull run is over. Stay tuned.
#inshaAllah🌙 #XRPArmy #XRPCommunity #XRPHolders
$XRP honestly, I just want to see #XRP get to these range lows and get this pain over with.
It’s like going to the car dealership. Stop the excruciating back and fourth and give me the final price man.
@CredibleCrypto#XRPCommunity#XRPHolders#XRPArmy
XRP/ETH down 10% since sharing.
A little less than halfway to ultimate target at range lows (and potentially into HTF demand in green below).
A move down to that level should coincide with a move on XRP/USD to it's own range lows just under $1.80.
$XRP
Before you get terminally depressed about the market, remember this quote from Howard Marks:
“Every once in a while, an up-or-down-leg goes on for a long time and/or to a great extreme and people start to say "this time it's different." They cite the changes in geopolitics, institutions, technology or behaviour that have rendered the "old rules" obsolete. They make investment decisions that extrapolate the recent trend. And then it turns out that the old rules still apply and the cycle resumes. In the end, trees don't grow to the sky, and few things go to zero.”
Markets exist and find a space between man-made mental extremes, and it goes on and on.
Could be orange where we will continue to correct for only 8-9 top target, or we could still be in beginning of 2nd leg for purple, where everything is extended (timeline and targets). Or you could absolutely be right and the fractals are completely invalidated. Wait and see for me.
$XRP 🌙 Back to the drawing board.
I’ve laid out 3 scenarios at the moment, the targets, timelines and their validation. As mentioned in the tweet below, we watch closely and see which option plays out.
1. Green: original fractal with same targets, different timelines. We would currently still be in the end of 2nd leg up) (Targets: $8-10, $35-40)
2. Orange: assumes our 2 legs are already done, with the 3rd leg to start in August after months of chop. We would be in the chop now. (Target: $8.5, then major correction
3. Purple: assumes we’re actually still on the first leg, with 2 more leg up to go. We would be in the beginning of the 2nd leg up now. (Targets: $12.50 and $60, then major correction)
I am leaning towards #1, but let me know which you think is most likely to happen for #XRP 👇🏽.
I’ll update when the picture is clearer and more candles print. The fractals have been so incredibly accurate for 12 out of 12 weeks, and I don’t believe it’s a mere coincidence. So I wouldn’t be so quick to dismiss it. I also certainly don’t believe this bull run is over. Stay tuned.
#inshaAllah🌙 #XRPArmy #XRPCommunity #XRPHolders
@traderview2 If we are following 2017, it’s either we have completely contracted or the timeline/price gave completely overextended to the point it’s unrecognizable. I need some more weekly closes before saying 2017 has been invalidated entirely, though.
Well, there's your sell-the-news event. Huge. Holding $1.96 remains bullish and this would be the needed healthy backtrace to confirm support. Let's see #xrp
It’s times like these where you must believe in your targets.
I don’t regret not selling simply because my targets were not met. No regret on the way down and no regrets on the up. Eventually we will get there.
#inshaAllah 🌙
$XRP
6 hours to close on the week. Likely closing red. Who’s thinking orange or purple below? Well within expectations of these fractals. Green would be invalidated in my opinion.
#XRPCommunity#XRPHolders#XRPArmy
$XRP 🌙 Back to the drawing board.
I’ve laid out 3 scenarios at the moment, the targets, timelines and their validation. As mentioned in the tweet below, we watch closely and see which option plays out.
1. Green: original fractal with same targets, different timelines. We would currently still be in the end of 2nd leg up) (Targets: $8-10, $35-40)
2. Orange: assumes our 2 legs are already done, with the 3rd leg to start in August after months of chop. We would be in the chop now. (Target: $8.5, then major correction
3. Purple: assumes we’re actually still on the first leg, with 2 more leg up to go. We would be in the beginning of the 2nd leg up now. (Targets: $12.50 and $60, then major correction)
I am leaning towards #1, but let me know which you think is most likely to happen for #XRP 👇🏽.
I’ll update when the picture is clearer and more candles print. The fractals have been so incredibly accurate for 12 out of 12 weeks, and I don’t believe it’s a mere coincidence. So I wouldn’t be so quick to dismiss it. I also certainly don’t believe this bull run is over. Stay tuned.
#inshaAllah🌙 #XRPArmy #XRPCommunity #XRPHolders
$XRP 🌙 Back to the drawing board.
I’ve laid out 3 scenarios at the moment, the targets, timelines and their validation. As mentioned in the tweet below, we watch closely and see which option plays out.
1. Green: original fractal with same targets, different timelines. We would currently still be in the end of 2nd leg up) (Targets: $8-10, $35-40)
2. Orange: assumes our 2 legs are already done, with the 3rd leg to start in August after months of chop. We would be in the chop now. (Target: $8.5, then major correction
3. Purple: assumes we’re actually still on the first leg, with 2 more leg up to go. We would be in the beginning of the 2nd leg up now. (Targets: $12.50 and $60, then major correction)
I am leaning towards #1, but let me know which you think is most likely to happen for #XRP 👇🏽.
I’ll update when the picture is clearer and more candles print. The fractals have been so incredibly accurate for 12 out of 12 weeks, and I don’t believe it’s a mere coincidence. So I wouldn’t be so quick to dismiss it. I also certainly don’t believe this bull run is over. Stay tuned.
#inshaAllah🌙 #XRPArmy #XRPCommunity #XRPHolders
$XRP
This means that the market is getting absolutely ravaged and #XRP is holding well, despite what you think of the price.
#XRPCommunity#XRPHolders#XRPArmy