Price Drop Ahead For Ripple!

28 juin 2018

I am a long-term holder of XRP. It seems the current cycle has been great for buying but terrible for selling. It doesn't look like that is changing soon.

The current pattern for XRP in conjunction with the pattern BTC is on will likely bring us to lower levels in the immediate future.

It looks like XRP will hit at least .43 before we see any reversal. Much of this will have to do with how low BTC goes.

I think we are at the tail end of whatever this last consolidation period has been about. BTC below $6000 is bad for everyone - but especially bad for coins like XRP.

Some people feel like they missed the big crypto opportunity and they are too "late to the game". With today's prices and more people
"in crypto" the upside is better than its ever been.

Crypto has only begun as an asset class - we havent seen a fraction of what it is capable. XRP is a real project with real potential.

We are in a position right now where XRP is extremely affordable given its potential. Whether you choose to take advantage of the opportunity or not is up to you and your due diligence.

Lets hope this downtrend ends soon and those of us buying can enjoy the fruits of our labor!

28 juin 2018

Note

We broke through the neckline confirming the pattern is in play - don't be surprised to see .43 as mentioned above.

29 juin 2018

Note

We saw .43 before a small turnaround - we will likely bounce off the downtrend line and hit it again before we move up and start testing resistance again. With these lows its hard to believe weekend traders are going to drive it much lower. Until we break .45 and .46 consider this a bear situation and trade accordingly!