Can't wrap my mind around it but XRP broke out from the fallen wedge. It has formed an inverse heads and shoulders. Wedge and HnS targets are around the 0.54 where there is very heavy resistance from trapped buyers dying to unload. I also suggest taking profit there.
Comment
⋅
If BTC dumps, not likely XRP can pump and will drop. Currently price is at heavy resistance. The inverse HnS will be invalidated and an ascending triangle validated.
XRP must be a great asset if somebody can hate it some much, like you 🙂
nagihatoum
⋅
@Barrabert, Actually I enjoy battering the XRP army, their delusions is a fascination to me. Meanwhile other coins are 2x to 3x in days while XRPps hold on to their precious coin. Imagine if they flipped their XRP at 0.8 to theta, just imagine.
warrior4511
⋅
Thanks for sharing your idea nagihatoum. How one can protect himself before the btc falls and the alts die with it? Maybe know its super bullish but at some point it will happen.
nagihatoum
⋅
@warrior4511, go into usdt or 1 to 1 hedge your position.
FlowersFor
⋅
So now is better to wait if coming days its going +0.50$ and then take a profit.
nagihatoum
⋅
@FlowersFor, there is weakness in the market. Keep your eyes on BTC, if it dumps, party is over, it will drop to 0.25 again.
Andrewcx
⋅
0.028? 😂😂
nagihatoum
⋅
@Andrewcx, Zero in my opinion, there is a technical reason for this pump, and it is not because XRP recovered.