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09:56 AM
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XRP-tards, get in here. (Crash imminent? Final XRP moon in august 2021)
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[quote:Anonymous Coward 78511485:MV80NzcxMzkzXzg4NTkwNjgwX0RCNTQwQjk4] [quote:nemo_solus:MV80NzcxMzkzXzg4NTg2Mjc1XzMzQTQzRDY4] With respect to the $1763 ETH target, from the perspective of the order book, I think the actual target is lower as there isn't much volume supporting the current price level: [imgur]https://imgur.com/a/YSIbzYL[/imgur] [/quote] Notice that the right third of this picture in the order book is a bullflag. It is price in a cluster on top of the cluster in the center of the picture. (Note: [b]SHAPED LIKE[/b] A FLAG slowly falling down to the top of the central lower cluster) This is how bullflags look. They are a flag that is on top of a previous price structure. This is how you identify long locations. Never long bottoms. Always wait for the bottom price cluster to pop upward. Long the NEXT cluster of price above the bottom cluster, once it falls down to the top of the bottom cluster. That's how I knew the 1760 area was my long target. [/quote]
Original Message
Hey guys. I'm about to tell you something you do want to hear and something you don't want to hear. I'm going to tell you what you do want to hear first because I know how you guys cover your ears screaming
at the top of your lungs whenever someone says anything detrimental to the future of XRP's price.
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Good News
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XRP will moon one more time after where it is right now. It's looking like XRP will end the bull run around August at around 5$, maybe 5.50$.
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Bad News
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XRP is about to crash 50-70%. I think it's going to crash down to 43-50 cents and I think it happens in the next 3 weeks. It might not crash that far... but it's definitely crashing a ton. I think it will stay below a dollar for about a month. It will spend the next 2 months between 1-2$.
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End Game
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So what I'm saying is if you want to buy XRP wait 2-3 weeks for this ultra crash to 43-50 cents.
Sell XRP when it hits 5$ in the end of august/beginning of september. It will be above 3.50$ (all time high) for 3-4 days, TOPS.
You guys will think the XRP bull run has just begun since it just finally broke all time high.
The reason it stops there is quite simple. XRP can only increase the same % that bitcoin increases. Bitcoin is going to 200k or so. That means bitcoin will go up 5000%. Essentially going up 50 times in value.
XRP bottomed at basically 10 cents. When XRP goes up in value 5000%, or 50 times in value... anyone. How much are 50 dimes worth? Congratulations. 5$.
XRP bullrun ends in August very near 5$. It will be above 3.50$ for 3-4 days, tops. You heard it here first. But you don't believe me. You believe XRP will go to 100$, or 500$, or 10000$. It's not. It's going to 5$. I'm hoping to help some of you actually make money this final moon in august.
Hopefully you believe i'm not an idiot when XRP drops to 43/50 cents in a few weeks.
Hopefully you believe me when XRP hits 5$ exactly in the middle of august to the beginning of september.
When both of those things happen... if you don't sell any of your XRP you deserve to be wrecked when it falls 90-95% in value over the next 2 years.
Some time in 2022/2023 XRP will be worth 30-40 cents again. Then we begin another very long and slow 4 year bull market. Welcome to crypto.
***Edit on 5/4/2021***
I now think xrp could be dumping down to 22-23 cents. I think the dump ends on may 20-22nd. We will see just how far down this goes. 43-50 was my initial target. It's now potentially 22-23 cents.
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