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awww, my pet rock is growing into a boulder š„¹
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$XRP death cross defeated š
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$BTC cmon b***h coin rise so our alts can flourish
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$XRP We broke a 7 year symmetrical triangle, the curse is lifted š
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$XRP Happy new years to all, enjoy the rally. Closing tonight above the 1.98-2.01 line is an official breakout of the 7 year symmetrical triangle and has targets of $5.85, $13 and $23-27 for the golden ratio(unlikely but possible). Hope this puts all HODLers in good spirits, watch our for the grimey hands of gensler in mid janury.
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$XRP Short term projection: USDT situation causes people to sell off out of pure illogical reactions. Tether situation has little to nothing to do with Xrp but it does afflict Bitcoin negatively considering tether printing has inflated the btc price. New years rally: similar to Christmas Tax harvesting: Still ongoing likely to continue Black moon: This is interesting and kind of a joke within the crypto community but we did get a pump on the last full moon and the tether situation coincides with a rare black moon. Iām not much of a trader but if we see a pump on January 13th wolf moon Iām sold lol. Tradingview actually have a moon cycle chart and itās largely profitableā¦ weird. Genslerās knife: January 15th, watch the date January 20th: inauguration day, obvious pump potential sell off after this. Alt season: probably coincides with inauguration or not long after. All your alts are going to to parabolic with the end likely in April or may, different alts pump at different times. Xrp price: 2.04 is acting as a decent support at present but itās likely we go below that in the interim. 1.90-1.96 is a possible bottom but the panic may cause a cascading affect given the tether situation. Watch carefully and if youāre a long term holder then you need not look at your portfolio until btc Dom is around 40-45%. Always take profits on the way up. If youāre looking for a buying opportunity let it drop and watch for a bottom, today will be a good day likely for an entry. January can go either way due to japan adoption, genslerās knife and trump inauguration but itās largely bullish with alt season likely beginning toward the end. Save some dry powder for a potential buying opportunity when genslerās grimey paws strike.
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