Jayed

Jayed Updated 

Nothing else quite gives me the warm feeling seeing XRP's volume and price syncing up. One thing that gives me an even warmer feeling? That the buy volume is again increasing after healthy consolidation!

Jayed

Sweet Dreams XRP Community! I'm hoping to wake to us testing $0.50 so we can spend another beautiful day grinning from ear to ear! Till then!

Jayed

(1-3 Month Projection) Seriously, the price won't stop booming and breaking every method of measuring where it's going to stop. So for now, I'm just going to pretend we're already in the new paradigm and that we don't have a warm up trend before a full blown run. I also want to make clear, The 'beginning' of the previous cycle was also continuation of it's April...

Jayed

Lets check them barriers we're running towards! XRP

Jayed

I made this chart on April 22nd. Feel free to look back on my charts. The only lines I've added are the new dark purple, annotating our most recent bottom. This rally has been dead on arrival since the day it started. Buckle up butter cup. The water's are about to get choppy. If you're heavy in traditionals, I HIGHLY recommend you diversify into Digital...

Jayed

Xrp has begun carving a path through it's 15 month descending resistance trend. A trend line XRP hasn't flirted with since September 2018. If XRP manages to carve through this price range, it's next run would likely run out of steam around $0.52! Which would equate to a 62% gain over 2 days. It's hard to say where this run ends, but one thing's clear. The bulls...

Jayed

XRP is now moving back into ranges not seen since it's "capitulation" sell off at the beginning of January. If we don't see major consolidation soon, the next point of resistance is $0.40, if we break $0.40? The sky's the limit. I'd expect a point of consolidation prior to lift off from $0.40, but with how quickly funds are flooding in, it's really hard to say...

Jayed Updated 

XRP has officially broken it's long term symmetrical triangle (Light blue). This chart breaks down XRP's market psychology from it's previous peak to where we now find ourselves. Each color is a different phase, with Red being the bloodiest, and blue seeing the market largely freeze over. What I'm saying is the color choices are poetic. Orange, everyone was...

Jayed

Well, that was an exciting day. Gotta love when the nagging voice in the back of your head insisting you made a bad call turns true. But that's why I'm not investing in traditional markets. These ranges are too nerve wracking. I'd rather park money in long term trend plays than skim the marginal gains to be won from the markets at these ranges. That said today's...

Jayed

If I were one of the iron men trading this index, I'd be selling right now (2915) and look to scale back in around the 2890-2875 range. Will my theoretical S&P position be increased by 1% the end of the day? I guess we'll find out.

Jayed

Well, the price started the week deep below the neutral range. The price recovery seems feels arbitrary as it's finding resistance around 2902. Your guess is as good as mine, but a new ATH in 2019 suddenly feels far less likely.

Jayed

Triangles are pretty self explanatory, but green is optimistic, yellow is neutral and red is consolidation. I'm expecting yellow/red.. but this market's ignored any semblance of rationality this year.

Jayed

Anyone who's been following my charting methods probably realizes I like trying to plot market trend curvatures. Which is exactly what I'm attempting to do with the S&P now that growth has grinded to a snail crawl at this range. My upper ranges (Green, yellow, orange, and red lines) are showing strong price correlation, primarily in the Green/yellow range. These...

Jayed

All patterns break.. Just a matter of time. Gotta love when it behaves predictably though! See previous S&P post to get an idea of what's going on. This is just a follow-up/gloat post.

Jayed

Tomorrow's outlook? Prospects for a high of 2920 and a low of 2892. If either range is broken, expect strong follow through to 2931 range or down as far as 2869.

Jayed

It appears the XRP bears are determined to test XRP HODLers commitment to their bags. I personally made another purchase when I woke up to prices below the trend line which the price is now relying on as support. For the life of me, I'll never understand how anyone could ignore how unfathomably underpriced XRP is, as the crypto-currency most likely to become the...

Jayed

The S&P spiked on the open this morning to a new 6 month high, the new high also moved the price. From my framing, I'd say there's a 30% chance of a new ATH before we see another strong correction. For the bulls out there, this may sound bad, but I was 90% confident we wouldn't be seeing the S&P reaching a new ATH within the year. That being said, I don't see a...

Jayed

XRP recently broke it's weekly support trend, rejecting hard off of it's two week support. XRP is now trading within a symmetrical that will break within 2 weeks. BULL SCENARIO If break is bullish expect resistance in the $0.40-$0.47. If a bull run sees continuation, bulls will face little resistance until the $0.60-$0.62 range. BEAR SCENARIO A bear break...