Nice bounce from the 78.6% fib after battling the bears around $0.83 - This is a good example of how a Gann arc can trap and contain the candles - Looks like the next candle will manage to open outside the arc, After that we need to push above the 1x2 fib ray - Xrp can lack buy support due to the pseudo ethics of unrealistic people who connect it with the 'evil' (yawn) banks haha - If these are your views then just spend your Xrp profits on anarchy :P
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The whole market took a dip and BTC is getting hurt but the bulls turned up at $0.67 yet again for Xrp - New chart to follow
So Nom you think it's on it's way to $2+ with no pullbacks? Others are saying move down to 0.7 area?
Nom_de_Guerre
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@yozzer, $0.70 is too low, the old Xrp maybe but times have changed, some people dont seem to have noticed lol - I haven't charted it yet but somewhere around 0.83-0.88 is much more likely, i will link a new chart to this one later
Nom_de_Guerre
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@yozzer, Haha yes i see all the 'bearish divergence' charts now, mainly on 30 min candles lol, Gann says $0.88 lowest possible and thats IF we continue down
dropd01
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I have to admit it was hard to hold through all that but it seems to be recovering!
Nom_de_Guerre
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@dropd01, haha well played - other coins suffered much more - there's a real bear/bull war going on with Xrp - I'll post another chart soon
dropd01
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@Nom_de_Guerre, Looking forward to it! I had an Elliot Wave pattern idea but I believe it was invalidated with that dip. Hopefully we see some recovery soon. It seemed to be heading toward that $1 mark
Nom_de_Guerre
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@dropd01, Its a very hard coin to chart, nothing else has a such a big fan base of haters haha!
ithebest786
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its going no where till next year , XRP walk a bit then sleep for long time