$BTC what next !! Started to retrace from historical highs of 99800 to 92600 or so in last few days. I have been writing for couple of weeks for a reversal in pattern but many bulls have only view of Surge. Remember the saying "Every Rise has a Fall" .... so keep in mind 65000 mark somewhere in your conscious. In this volatile crypto market it will not take long to reach that level. May be a few days or weeks or months ?? Let's see !!
I seem to have garnered much hate from my last post regarding XRP. Many of you say "this time is different" , "it cannot go down" , "you're frustrated because you missed out"
Begone.
I have been in this space since the Mt. Gox era, I have seen the birth of XRP and even the day it flipped bitcoin's marketcap. In the end you must understand, these are just coins, every other coin other than $BTC matters much less as reflected in the market caps.
XRP may and probably will go further than it's current level but in this space just as it has gone up , so it will come down, swiftly, unexpectedly. That's why I had positioned myself years prior. I have held and bought XRP for much longer than any of you and yet I cannot be happier than to dump my bags on you.
You will lose money in this market if you tell yourself lies. People like me will not wait for you to sell.
XRP will retrace to 1.65 before further rally ...sell.now buy at dip
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Crypto News Caster
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Bullish
🚨 Don't Fall for the Hype! 🚨 $BTC $XRP $XRP This morning, some self-proclaimed "experts" woke up talking about XRP's rally and crash 🤦🏻♂️. But let's be real – it's just baseless speculation creating confusion and panic for investors and newbies 🚨.
📊 The Truth About XRP
To all new investors: Educate yourself and don't fall for the FOMO! 🚨 If you entered XRP at a high price, don't panic sell. For example, if you bought at $1.80, you're already sitting on a profit with the current price swinging between $2.40 and $2.60.
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🚨 #XRPTrends XRP 1-Hour Update 🚨 Hello, everyone! As we analyze the current XRP price action on the 1-hour chart, it’s evident that we are approaching a rising wedge formation paired with a double top pattern. These technical indicators suggest that XRP may retest before making its next significant move. Key Points to Consider: - Rising Wedge & Double Top Patterns: Both patterns typically signal potential reversals or a pause in the upward momentum. As we near the apex of the rising wedge and the formation of the double top, a retest of lower support levels is likely before the next jump in price.
- Set Stop-Loss Orders: If considering short positions, ensure that you set stop-loss orders appropriately to manage your risk effectively. This will help protect your capital in case of unexpected price movements. Make sure to stay updated with any further developments and adjust your strategies accordingly. Good luck, and happy trading! #xrpsucess
Don't get caught wait for a retracement at least 20 to 30%
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Krypto_ Alchemy
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$HBAR
BUY NOW! Despite its massive gains in recent months, HBAR continues to defy gravity, consistently breaking previous highs! Its upward trajectory remains unrelenting, with HBAR now setting its sights on $0.38 and $0.4! With its unwavering momentum, HBAR is solidifying its position as a top performer!
agreed ....it will retrace back towards 0.23 or so in coming hours
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CRYPTO MECHANIC
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If you missed to catch that move on $HBAR There is no need to chase it now as price is approaching the key weekly zone.
There are more opportunities in market than buying this one at this high.
The better trade setup on $HBAR will be either it consolidate around this zone for sometime and start breaking out. Or you get a 20 - 30% pullback. Chasing now isn't really a wise decision in my opinion.
XRP Retracement towards 1.65 is on horizon ... very few accept the bitter truth
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Kogafold
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Bearish
$XRP - Ripple holdings and Potential risks
You have to understand, everyone looks at their screen, their portfolios, they see number go up, number come down. You must realize one thing, THE NUMBER MUST COME DOWN.
It happened in 2018, It happened in 2021, XRP has a total blood bath in a month or so after starting it's parabolic bull run.
Ripple has Billions in XRP escrowed and releases 1 billion XRP every month from the total supply. Other than this you must realize the XRP whales, they have been holding millions of tokens before you bought your "1000" XRP for $0.5. It's laughable to say they will not sell, everyone sells, some at profit, most at a loss.
Pull Back is Inevitable !! Many people ask where the market will move further ..... it's answer is simple a Pull Back is inevitable +---+ $BTC currently trading 95600 and is expected to go downwards 88900 in coming hours ...
$ETH now trading 3640 and we may see moving towards 3280 mark sooner rather than later .
So better is to book profits and re-enter at lower prices .... nothing rises continuously but retracement and push are part of journey. One thing is Sure #BTC not going to 100,000 mark in 2024 ... will have to wait till March 2025 and in between 65000 mark we will see for 😃
Wanting to add more xrp to my portfolio, got in at 1.18, do you think now is the right time to buy more or wait for a correction in the coming weeks/days, if so how much of a correction could possibly occur? Any help/ideas is appreciated