XRP Keeping it Simple, Massive Accumulation
Yes, XRP dumped after swell, but has XRP ever gone up on good news? After we dumped I took a step back and looked at the bigger picture, we have been in massive accumulation since the middle of August, three whole months!!! Also we are outside of a huge downtrend which was created April 2018. I have been looking at a lot of other alt coins and a lot of them are in long term accumulation as well. With bitcoin looking weak/in accumulation we can expect some sort of alt season. We are already seeing it to some degree. Put buy orders in at $0.252, trade is invalidated if we close below on a high time frame 4hr/Daily. This is a very low risk high reward trade if we close below next stop is the weekly at $0.23 I didn't mark it for simplicity reasons. If we close above $0.31 on a high time frame expect a vertical move. Last month we had a positive monthly candle, I expect that momentum to carry over into this month. The amount of FUD on XRP at the moment is ridiculous by the way, I believe this swell dump will have knocked out the last of the weak hands. DYOR and Trade at you own risk.
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