Police are raiding cafรฉs in Tirana, Albania, detaining citizens simply for possessing everyday items such as caps, bicycle helmets, and antiperspirants.
@alicharts Buddy, you don't understand a thing about this. You said the exact same thing four days ago, but it never happened. In fact, Iโm totally right nowโyou haven't got a clue about this stuff. Adios, I'm unfollowing.
$XRP
Excuse the rant I am about to unleash
I believe in a concept called "measured moves"
Targets or objectives are not sacred
Charts often fail to deliver what we first identify and morph into something else
I have identified a C&H in XRP
On a larger time frame this C&H might be the right shoulder of a H&S
The measured move would be to 2.16 with is the height of the inverted H&S (closing price, daily) projected upwards
Chart change
One pattern is identified only to turn into something else
The right shoulder is poorly formed and abbreviated - this would suggest further right shoulder development is likely, but NOT necessary
Note in XRP there is a TON of overhead supply to work through
This is a negative for XRP
Please note that I could care less about the fundamentals of XRP or any other coin than BTC
XRP fans, please don't take this as an offense
I trade price. Price is all that matters to me
Look at the charts of some other coins -- using the same time period. $XRP has all that supply overhead, but look at $XMR -- all the supply has been absorbed. It is clear sailing ahead. Or $SOL. Now this is a Cup and Handle on a different level than XRP. Or ETH -- massive congestion without the same type of overhead supply that we find in XRP.
Or XLM - overhead supply, but not in same magnitude as XRP
Of these, my favorite by far is XMR. I do not know the fundamental narrative. I do not need to know.
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