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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:MV80NzcxMzkzXzg4NTkxMDM3XzFBRjU1QzI3] [quote:T-Man:MV80NzcxMzkzXzg4NTgzNTA5XzQ3QzIwMTMz] [quote:Mr. Cheeze:MV80NzcxMzkzXzg4NTgzNDA1XzRGQjYyNzJG] [quote:T-Man:MV80NzcxMzkzXzg4NTgzMTQ1XzJEMTEyMEMw] [quote:Anonymous Coward 46809220:MV80NzcxMzkzXzg4NTgzMDI3Xzk0ODc4QzVE] [quote:Mr. Cheeze:MV80NzcxMzkzXzg4NTgyOTcxX0I3RkU4MUM3] [quote:Anonymous Coward 46809220:MV80NzcxMzkzXzg4NTgyOTMyXzRBOUIxNTc5] BTC has the most glaring clear as day textbook gigantic head and shoulders. It's going to 10k minimum and every alt is going with it. Look at the chart for 5 seconds. [/quote] It is. But not yet, imo. Too much bullish divergence happening on daily timescales across multiple assets on multiple oscillators. [/quote] Oh your day trading. That'll work out well. It's not going higher than low 30's Too much time in 30's. Hope is gone. BTC needs some blood/fuel.. 24k seems good for a little bounce [/quote] What type of fuel? Like a televised event with Elon to promote bitcoin? ghehehe what is the head and shoulders thing even based on? other than the look of the graph. like what motivates the movement? Or is it merely an observation? [/quote] A head and shoulders shows that there are increasingly less buyers in a market over a period of time. 1...........2............3 ............BBB.... ............B....B.... BBBB....B.....B....BBB B....B...B......B....B...B B....BBB.......BBBB....B ___________________ 4. B............................B 5. B............................B B............................B 0. Start above at the 0. Follow the B's through the numbers 1,2,3,4,5 in order. The 1 impuse was buyers pushing a price up The 2 impuse was buyers pushing it even higher The 3 impuse was buyers trying to push it up higher but failing at the same line as impulse 1. It implies there are less people buying. More people selling. As soon as it breaks below the 4 which is called the "neckline" it is confirmed as valid head and shoulders. Until it breaks below the 4 it is only theoretical and not at all guaranteed. It could go up again. Once price reaches the 5 it is confirmed a head and shoulders and doom happens. [/quote] So basically its just a name you can give to a part of the graph in hindsight? (or is that too simple?) so if it does go up from here its simply no longer a head and shoulder pattern? or i mean its still a complete head and shoulders that transformed into a second head? [/quote] Honestly I see why everyone wants to call it a head and shoulders. It does look sort of head and shoulders'y. But honestly it's more A shaped than head and shoulders shaped. Head and shoulders don't have descending triangles for right shoulders. Head and shoulders have a rectangle shape as a right shoulder. Usually a slightly upslanted to the right rectangle. Head and shoulders left and right shoulder are usually the same amount of candlesticks. This "right shoulder" is a slowly falling shoulder. It's not popping up to 42k for a very clear and HARD rejection down. That's what head and shoulders do. [imgur]https://imgur.com/a/prG0rkL[/imgur] [/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.
____
Good News
____
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$, maybe 5.50$.
___
Bad News
____
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$.
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End Game
_____
So what I'm saying is if you want to buy XRP wait 2-3 weeks for this ultra crash to 43-50 cents.
Sell XRP when it hits 5$ 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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