Ripple is topping
...
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Not long.. hmm..Nota
Going down rest of 2018.Bye bye.
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Initially (soon) I think it will make a grim and bloody retracement back to $0.42Remember $0.42 because you'll see it soon.
And when you see it, you will notice that it is an extremely strong support level.
If XRP were to fall below $0.40 that's most likely after around the 20:th of October.
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The resistance at $0.6333 is very strong.The price $0.39701 is insignificant and is simply placed at the wrong level (should be $0.42 instead).
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This is more correct.... $0.424 to be exact...Nota
Breaking $0.544 the great fall will start it looks like...Here's a new chart with that line added...
Now going into radio silence... :)
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You simply have to go and buy OmiseGo instead...(which is kind of a decentralized Ripple many is saying)
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Am I moving people from XRP to OMG or is it just destiny? What's the difference... Understanding the what's really behind the human created concept of time is beyond human. That's why we have that concept. Time is seen as something linear and predictive - one second to the next. Is that really how simple it is?Nota
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I think the masterminds behind Ripple is thinking. "damn it he called it" and is currently accepting the fact that it's too risky to try to further push it up. Note that I tied to trace this bullish move in Ripple yesterday and tried to find signs that it was going to happen. I found no signs. So to me this complete bullish move is just manipulation, nothing organic about it. And I believe this manipulation was intended to reach $1.6. But since I found a weakness (this resistance level) the plans of taking this to $1.6 have stopped. It's too costly to take it there now. Maybe I'm wrong but I think they decided that they will postpone this move... That's my somewhat arrogant view of this situation.Nota
OmiseGo has attraction points pointing upwards so if it would spike up, that would be an organic move. That means you can somewhat trust it to be a solid trend change (if OMG moves up) and that the trend would continue.Nota
I think it's starting to weaken. The bullish conviction in XRP looks like it's waning.Nota
Ripple market cap is currently $22,417,390,906 Ethereum market cap is currently $24,666,903,370
The resistance I drew earlier had actually to do with the fact that XRP was trying to go above Ethereum. I didn't know that, but now I do...
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Look it's going down. The only thing left is for OMG to respond by going up. C'mon you can do it...Nota
Ripple bending to my will. Ju just kidding. Or am I... Note that this bullish run was manipulation from my perspective. But what comes afterwards is some organic (trustworthy) price movement. There will be a buying opportunity (for retracement traders) at a specific time and price because of this.Nota
Pesanan dibatalkan
I no longer have an official opinion on XRP.Nota
This mean no more updates for a while about XRP.Nota
FYI, none of the trend lines in this idea is valid anymore... They was just a momentary image of the underlying analysis I have. So they moved sightly...Nota
I'm tracing the fall of XRP. Eating some candy and looking at the market.Dagangan ditutup secara manual
If you somehow ended up still looking at this idea... Then instead go to the idea linked below:
Penafian
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