XRP COULD DROP FURTHER!- I look at this crypto market on a long term scale, however in the short term I do believe a shake out is coming, some sort of negative news will send the overall crypto market down, but remember when there's blood on the streets you buy the DIP!
- RULE NUMBER 1: Only invest what your willing to lose
- RULE NUMBER 2: Always DOLLAR COST AVERGAE in your positions in crypto
- RULE NUMBER 3: Never be emotionally attached to your crypto wallet/portfolio
Xrpanalysis
#XRP/USDT 1HOUR UPDATE BY SANDERS!Hello, welcome to this XRP/USDT 1Hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, it is evident that BNB is trading inside the channel pattern for many days and bounced four times from the lower trend line support and following the mid support trend line.
In the current scenario, XRP broke the channel pattern and currently retesting an upper trend line which is the signal or confirmation for some % gain that can be seen in the upcoming hour.
If breaks down the upper trend line and moves back inside the channel then the mid support trend line will be the must hold support zone.
Mid-trend line break will be the invalidation of this chart.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
XRP BROKE & CLOSED TO THE DOWNSIDE!- As you can see we have broken out of the daily triangle pattern to the downside and a couple candles have closed outside the triangular pattern.
- This could mean a further drop for XRP, but if you know what you hold, you will keep holding and DCA (DOLLAR COST AVERAGE) into XRP on a monthly basis.
- NOT FINANCIAL ADVICE!
XRP DAILY ANALYSIS!!- As you can see we are still within the long term trend.....XRP has stuck to this trend line so perfectly.
- Once this case is over we could see XRP reach around $90 (£70) before 2025!
- Just a quick reminder, TESLA went up after the lawsuit by 3,200% within 3 years!
- My message here is that don't expect XRP to fly to 2-3 digits straight away, it could take some time, just hold, accumulate more and HODL!
XRP DAILY ANALYSIS!!- Hello everyone, hope your all having an amazing weekend so far!
- As you can see we broke out of the small triangle that XRP has formed.
- This happened before aswell and then we shot right back up, there is way too much utility and upside for RIPPPLE as a company, we will see a breakout soon guys.
- HODL STRONG and keep stacking your bags!
- NOT FINANCIAL ADVICE!
XRP DAILY ANALYSIS!!- As you can see XRP is still consolidating, once the lawsuit is over, whether XRP WINS OR LOOSES, the price will still go up, take KIN coin into consideration, they got sued by the SEC, lose the case, was fined around $5 million dollars, was deemed a security and the price still shot up around 17,000% within 3 years!
XRP DAILY ANALYSIS!!- As you can see we potentially could be sitting inside this trend, remember everyone the markets don't move your way, so be prepared for anything to happen, this is crypto haha.
- Long term I do see double digits, but lets see how bitcoin performs as its the leader in this BULLRUN!
- Also XRP under $1 is always a bargain :D
- NOT FINANCIAL ADVICE!
CHINESE BAMBOO TREE ANALOGY ON XRPThe Story of The Chinese Bamboo Tree
- Like any plant, growth of the Chinese Bamboo Tree requires nurturing – water, fertile soil, sunshine.
- In its first year, we see no visible signs of activity.
- In the second year, again, no growth above the soil. The third, the fourth, still nothing.
- Our patience is tested and we begin to wonder if our efforts (caring, water, etc.) will ever be rewarded.
- And finally in the fifth year – behold, a miracle! We experience growth. And what growth it is! The Chinese Bamboo Tree grows 80 feet in just six weeks!