When you zoom in into the chart before events, you see a slightly different story enveloping.
As you can see we have been in the range bound trading since we left the b-c pattern.
Today's c-d pattern is to be confirmed, we need a strong leg, up or down to know the direction of e.
No way around this transition, it must occur.
The news of OTC XRP purchases by institutional investors, does not reflect the current market demand on exchanges. Ripple is selling XRP at the market price, but the markets does not reflect that demand, as long as Ripple continues to hold a large stake.
However, when the day comes when the Ripple will no longer in control of XRP stake is the day market will truly become bullish, and $10 and up will be possible very much so.
As long as Ripple is selling OTC the XRP rallies will be relatively low. OTC purchaser are within these ranges of 25c to 50c then hodl is acceptable. Long term projections for XRP are very favorable, but not immediately speculative.
Value coin and potential growth coin. Is the reason why XRP remains in the top 3.
But it has its own cycle in the world, like any coin in the crypto world.
So we might be very optimistic, but we also have to be realistic about the patience necessary to get there. But it could all change in the instance, because well its crypto, Where anything is possible.
IF prices drop, and .23c does not hold, heading to .15c is very reasonable :( Just be ready.
.50c above is important indicating of bullish sentiment for XRP
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
As you can see we have been in the range bound trading since we left the b-c pattern.
Today's c-d pattern is to be confirmed, we need a strong leg, up or down to know the direction of e.
No way around this transition, it must occur.
The news of OTC XRP purchases by institutional investors, does not reflect the current market demand on exchanges. Ripple is selling XRP at the market price, but the markets does not reflect that demand, as long as Ripple continues to hold a large stake.
However, when the day comes when the Ripple will no longer in control of XRP stake is the day market will truly become bullish, and $10 and up will be possible very much so.
As long as Ripple is selling OTC the XRP rallies will be relatively low. OTC purchaser are within these ranges of 25c to 50c then hodl is acceptable. Long term projections for XRP are very favorable, but not immediately speculative.
Value coin and potential growth coin. Is the reason why XRP remains in the top 3.
But it has its own cycle in the world, like any coin in the crypto world.
So we might be very optimistic, but we also have to be realistic about the patience necessary to get there. But it could all change in the instance, because well its crypto, Where anything is possible.
IF prices drop, and .23c does not hold, heading to .15c is very reasonable :( Just be ready.
.50c above is important indicating of bullish sentiment for XRP
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
