My final target is within reach, I’ve been calling for $0.75 for some time now.
I have a clear long term plan of what XRP could do but the “how” is the fun part.
BTC is not looking good at the moment and whatever it does, the rest of the market tends to follow.
Next week could become bloody dependent on how BTC wants to behave.
There is a good chance we see my $0.60-$0.45 targets coming through soon, the quicker these prices are met, the sooner the next phase of the bull run begins.
I’m not a fan of any rally off of these levels, a slightly deeper fall from here would be healthier for the market. I would view any rally as the formation of a Lower High on the higher timeframes, that would not be a good sign because structure dictates a Lower Low would follow soon after.
As usually I will be getting entries either way the market chooses to go, a short could be formed in the early days of next week. This time I will try not to miss it.
I am Golb.
I have a clear long term plan of what XRP could do but the “how” is the fun part.
BTC is not looking good at the moment and whatever it does, the rest of the market tends to follow.
Next week could become bloody dependent on how BTC wants to behave.
There is a good chance we see my $0.60-$0.45 targets coming through soon, the quicker these prices are met, the sooner the next phase of the bull run begins.
I’m not a fan of any rally off of these levels, a slightly deeper fall from here would be healthier for the market. I would view any rally as the formation of a Lower High on the higher timeframes, that would not be a good sign because structure dictates a Lower Low would follow soon after.
As usually I will be getting entries either way the market chooses to go, a short could be formed in the early days of next week. This time I will try not to miss it.
I am Golb.
