Bitcoin Critical LevelBased on previous resistance levels and Fib levels, $37,500 is going to be a huge swing point.
Either it continues to break down into the high $20k region for that big 50% retracement.
Or, we bounce off that level and start testing the $70-80k region.
#allbetsoffatthirtysevenfive
Xflr
XRP Master-Line (tm)XRP seems to have been following the resistance of a Master ascending line for years.
This can also be seen as channel.
Notice how it has provided resistance and only large swift moves seem to cross it.
Dipped below the line at the beginning of that pandemic thing I've heard on the news.
Able to blow by it last fall.
SEC dropped us below, Reddit's Wall Street Gang seemed to pull us above.
Coming resistance in the channel as see before would put us into the $1.00 range up to around the $2.50 range (close to that important $2.36 fib level)
Downward resistance would be around the 0.41 level.
Of course, back in 2017 we blew through this channel.
Something similar would put us near $54 by the end of the year.
#interesting
BTC Ready for a TumbleAs previously discussed, BTC has hit the $58,000 region (timing was almost to the hour from the previous chart)
Now we expect some serious downside.
Expect over 50% losses when everything is said and done, maybe even to the $18,800 level (but that would be horrific)
Below $30k is expected.
Big question is, does XRP follow? Or is this going to be the start of a great divergence?
XFLR BreakoutXFLR has broken out of it’s holding pattern.
Potential for 0.17-0.19 due to very thin volume.
Word on the street is that FLR (Spark) will begin sometime in April/May.
Someone do the research and figure out the math on how many FLR tokens will be available total, same with XRP.
They are used as collateral in a 2.5:1 value ratio to provide FXRP on Flare Network.
What is the required value of FLR if every single XRP available was placed on Flare as FXRP?
#thingsthatmakeyougohmmmmm
XRP April TrajectorySomething looks to happen before the end of May.
It's difficult making calls on short time frames, sometimes we need to step back and look at the big picture.
Doesn't get more big picture than going back to the all time high.
Either the low or high trendline gets broken by mid May, let's hope for a break on the high side ;)
#youdoyou
XFLR Upward PressureXFLR has potential to hit 0.20 in the coming days as it bounces off the lower channel.
Huge potential as the order book is super thin...
XRP Final Leg Down?Is this the beginning of XRP’s final leg down?
A clear break of the lower trendline may set us up for one final move downwards.
Previous low around 0.17 should hold.
Expect fear and resentment to surround XRP.
The trolls will be in full force.
Hopefully they sell you the XRP they secretly have ;)
If this turns out to be the end of the accumulation phase, expect a rocketship in the coming month.
XFLR will definitely come along for the ride.
#trolltime
XFLR GrindingXFLR continues to grind upwards.
The weird thing is that this is an IOU, Bitrue also has an FLR (spark token) IOU listed... but Bitrue is listing it at 0.18.
I don't fully understand the discrepancy, but either way, both have a long way up based on the Flare Network getting up and running.
Hopefully we continue to see XFLR continue in this channel as long as possible
XFLR ProjectionAs the Spark token gains acceptance during XRP’s future upward movement, XFLR has huge potential for major gains.
Continued movement in this ascending channel could be amazing.
#makingallkindagainz