Looking at XRP, we have the same situation we have with Solana. This is a regular update.
This trading pair produced a bullish breakout recently. This bullish breakout produced a "shy higher high," just as it happened with Bitcoin. This shy higher high is good news.
This is good news because the consolidation phase is not yet over, not in relation to maximum growth and bullish momentum developing for the market. When the market is sideways, price swings are happening all of the time, up and down. This up and down can result in whipsaws, money lost. A break of support can result in many stop-loss orders being activated, many LONG positions being liquidated; but the market broke up.
This breakout is part of the same consolidation phase but it opens the doors for prices to move lower without changing the chart structure, the bulls remaining ahead. We have 28 days left before boom-boom 2025 bull-market, and it is evident how the market has been bullish, sentiment wise, and fundamentally, but neutral, sideways and even bearish in some cases technically, the price. This is all part of the last opportunity to buy before the 2025 bull-market bull-run. This is the last chance, truly it is.
As for XRPUSDT, the main scenario we see is more consolidation coupled with a small retrace, can be days or weeks. This small retrace will keep the chart intact as mentioned, and any drops and retraces are a buy opportunity for smart traders; always LONG, never SHORT.
Why always LONG?
We are in a bull-market. The initial move is bullish (starting in October 2024). The small retrace is part of a period of consolidation before additional growth.
The chart is bullish, the market is bullish; everything turning positive and getting better by the day.
XRP won the battle against the SEC. The people won the battle against the capricious and abuse of power officials in the previous government. These developments are positive for the crypto-space and will soon show up in the price, make no mistake. This is it.
Patience is key of course but we are in the green. The market never moves straight up nor straight down, there are always periods of rest between each impulse wave.
This is not bad. This is great.
Take it for what it is. The market is giving you an opportunity to find money and invest in Cryptocurrency all you want. The market is giving you time, another chance, to position yourself and plan, all this before maximum growth.
Is this cheating? Is this even legal?
We know exactly what is going to happen so we know what to do to achieve financial success. Knowing things beforehand is not cheating nor illegal, this is all based on experience, dedication and hard work. These things give us wisdom and this wisdom we use to support each other and produce positive results.
We know the market is going to grow, the best action is to buy and hold focusing on the long-term.
The bull-market will be a standard bull-market, and that's ok.
Just as everything turns positive, when the market peaks some reasons will develop that will compel the giants to sell, and this will mark the top. This too is normal and expected, we accept the profits and move on.
When the next bearish cycle is in, this one will be much smaller than the last one, we just take it as another opportunity to buy-in, rebuy and reload.
The market will continue to fluctuate. XRP will continue to grow.
We are now reaching the end of a consolidation phase while in the bullish zone.
All conditions are bullish.
The recent rise allows for a drop that will not break the positive structure of the chart. This is what it means.
After the last flush, expect big green.
You can always count on me to be here and share some numbers when the time is right.
I never look at the charts for entry, nor chase any pair. When the time is right, based on intuition, I just take a leap and let the market take care of the rest.
So far in this cycle we have perfect timing with XRP. But it is ok to know that some trades are loss, some others we win.
It is ok to be wrong. It would be foolish to think we have to be perfect or need to win them all. We don't need to win anything, we just need to do our job.
Insist and persist, consistency will yield the results you want.
The battle is already half won.
Cryptocurrency is now being fully supported by the law.
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