This is not an analysis, go study. You know about the ledger, XRP. Always these charts with wedge. Correction? When? Why? Where do you see this? You know nothing.
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Fabio investidor mfs
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For all beginners this is an important message. $XRP is trading higher after RLUSD news. Stay tuned as there will be a correction soon.
You don't know nothing about the signs and XRP, go to study. You copied this information of the market. you don't know nothing.
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Lidia Glader LOvg
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$XRP I said last time that Ripple was going to fall, and some people called me a coin beginner. That's right. I'm a beginner. I've been investing in the stock market for a long time. Based on that, I'll tell you what I think.
1. It went up too suddenly. I think the supply is being absorbed now, but the price is being traded at a very high level. It went up from $0.5 and is currently around $2.4. It went down in the middle, but the price was around $2. Even if it went down, it quickly hit the bottom and went up again. I think that the fundamentals are weakened because the supply is not absorbed properly. Think about it. Do you think that someone who bought at $1.50 and someone who bought at $2.20 will react the same way when the price drops?
2. Whales still don't have enough supply. Look at the current supply. They are almost repeating selling and buying again. If you really have a lot of money, you can adjust the price to some extent. If 100M were to come up for sale at once, wouldn't it crash? If I were you, I would drop it even more. Currently, they are unknowingly passing on the quantity to individuals. And then it crashes. Then individuals are scared. Maybe if it goes down to around $1.2, everyone will run away? And if they buy more, they can make more money.
3. There is still no reason for $5 or $10. Do you know how dangerous it is for the price to rise without a reason? The price rise requires market recognition. The last time it reached $2.9, the market went crazy. That's why it has been moving sideways for almost 10 days now. There is no reason to digest the quantity and no reason. It will probably maintain this price and then suddenly go crazy and liquidate everything. Then they will buy everything again. If there are many announcements next year, there will be a reason and the market will recognize it. Then $3 or $5 won't be strange. I understand that everyone wants to get rich with Ripple. But friends, the rich are not philanthropists. They are playing the same game, but they are just playing from an advantageous position. Be a little smarter.
You didn't make any money and you want to buy it at 50 cents. Your thinking is that of an envious person, a person who will never be able to make much, you are poor... XRP 10
Sorry but this is a lie, We will have a drop on the 20th or 21st before Christmas, we will have CPI and we will see what they will do with interest rates.
Wake up and study this.
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LITZ Analysis
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Bullish
Why are we in a recovery phase and there won’t be any more dips for few weeks?
Well, the market has scared already enough investors and liquidated thousands of accounts, and there won’t be as many people trusting the market as there was last week. Everyone now is afraid of another dip, and no one is entering long positions with high leverages. ( the goal now is to liquidate people with short positions 👀 )
And that’s exactly what this dip was for, to shake out many people from the market, and to shake out many losses the big exchange were gonna pay if the market kept going up and everyone was winning.
Another dip now is pointless because there won’t be many people to liquidate as before and it may be costly. They wanna scare people and make them lose, but they don’t want them to quit. They are smart, and they work smart and whenever there is fear in the market, they will make you have hope again and trust the market before they do another dip.
So for me, even tho im nobody, but this is how I see the market, and this is how it should be. It’s time to buy the dip before it’s too late.