Good Ripplence - XRP is done. 10 then 0 cents
Updated
chart says it. Two bearflags. One broke down with a target of 0.
Last few days (25-29 of december) has seen.. not a rally but a correction/retracement
Then on 29 the bearflag made by the retracement broke down. Target, as measured by flagpole length: Zero.
The drop overextended / found historical support at .17 cents and performed another retrace/bulltrap
Blocked by the hourly 50 moving average and historical support turned resistance 23 cents
resulting in yet another bearflag, this one broke down on the 30th - as bitcoin performed it's fakeout - and has a target of 10 cents.
Expect a bounce at 10 cents back up to 17 , then down to zero. Happy newyears and good riddance
Last few days (25-29 of december) has seen.. not a rally but a correction/retracement
Then on 29 the bearflag made by the retracement broke down. Target, as measured by flagpole length: Zero.
The drop overextended / found historical support at .17 cents and performed another retrace/bulltrap
Blocked by the hourly 50 moving average and historical support turned resistance 23 cents
resulting in yet another bearflag, this one broke down on the 30th - as bitcoin performed it's fakeout - and has a target of 10 cents.
Expect a bounce at 10 cents back up to 17 , then down to zero. Happy newyears and good riddance
Note
we really shouldn't gloat, this is historic. This is people's livelihoods, dreams, people hoped to escape the grind, the 9-5 wage slavery through this coinAnd it was a scam. All another trick by the banksters and the fraudsters to suck you in. It's heartbreaking. We need to remember our chosen role, our goal.
If you wanna stick it to the man, have a financial revolution, make sure to do so in solidarity. Crypto UBI no premine, equal distribution to individual people when? No more ponzi nonsense. Real revolution now.
Let's start a basic income.
There were bloody di Medici / habsburg empire people involved slinging XRP and Lumen.
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