So it's time once again to check in on our old friend Ripple a.ka. bankster coin. A few weeks ago D4 told you it would get ripped in half, and as you can see we're getting there. Right now XRP is breathing a whiff of fresh air, hoping that the torment is over. But fallas, this is NOT the bottom.
Ripple is trying all its best though, but you, my smart and sexy followers all know that it's still up to grand master Bitcoin to decide who lives and who dies, and BTC is not letting XRP off the hook yet.
Get ready for rock bottom! Yes. D4 hates to be the bringer of bad news, and please be mild on him for doing it, but Ripple is going to smash into the landing zone with 200 km/h, and when BTC bottoms out near the 6.000-5,000 USD-level, Ripple is gonna do 0.40 USD (where we have our first ) or even down to 25 cents, where we have HUGE support (Black Line, Point of Control).
So what to do? Well, good news is that Ripple is not gonna die. The banks are deep invested into keeping it alive, so when this cold and scary crypto winter comes to and end and spring arrives, Ripple too will breath new life and once again rise from the ashes.
When it reaches $2 again, maybe CNBC will even re-run their segment on how to buy it?
Only one thing is certain. Your humble servant D4 will be there to follow Ripple and give you all the latest developments in its tumultous life.
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Price is making lower highs, while the RSI is making higher highs. Ladies and Gentleman, once again, Hidden Bearish Divergence, which means we will continue our downtrend.
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Poor Bankster coin!! (LOL)
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Total garbage, no research and probably a kid that thinks he knows crypto.
But I do agree that the coin is behind the news.