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Consolidation until November 2019 - New X-Mas Bullrun ?!

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I think that we could see until next week a further retest of the upper trendline at around 0,47-0,48$.

If we pullback from there I expect another Sell-Off, followed by a further consolidation in the current Multi-Year Triangle with a short lived and sharp down spike to fullfill a retest of the 0,19-0,20$ area.

So we could expect a new Bullrun at the beginning of November 2019.
Ghi chú
Hmm, until now, XRP follows very well my analysis. ^^"

But nevertheless, I hope that we can sustain above the 0.38$ key zone and go up.
Ghi chú
I hope that we can get enough buying power in the next few days, so that we can invalidate this chart. ^^""
Ghi chú
Looks like we are really heading to the 0,30's.
Ghi chú
Hit TL. :P
Ghi chú
Still on the way ... unbelievable xD
Ghi chú
Currently we are again on the long term trendline.

We should soon see an up move to at least 0.34$ region for a retest, maybe even 0.38$ (the bigger resistance level).
Ghi chú
PS: 0.34$ aligns currently perfect with the 21EMA and 0.38$ with the 200EMA.
So, be cautious and don't get rekkt when you are currently shorting. :)
Ghi chú
Price by EOY:
Because some of you asked me: Where do you see the price by the end of the year?

To be honest, its more in my favour to expect a bit lower price instead of a too high one, BUT I hope to see at least 2$ per XRP this year.
Possible are also ATHs and beyond, because the current price action moves directly in our favour, but I am still a bit cautious of ATHs, because we have to consider the Bitcoin Halvening in May 2020.

But when ATHs are broken, than we will likely see 5, 7 and even 10$ easily per coin.
But let's see how this plays out: The potential of XRP is enormous. :)
Ghi chú
ảnh chụp nhanh
Do you notice how quite well the marked, red zones aligning with the Fibs and the EMAs?
Even if we see a pullback to 0.618 Fib at 0.407$, we have still enough time for further downside movements back to the blue multi year trendline and even rapidly, manipulative spikes under them.

For now I am awaiting some retests from 0.34-0.38$.
From there we can investigate the further movements.
Ghi chú
Still awaiting a retest at higher levels.
First 0.34$ and then 0.38$. :)
Ghi chú
The BIG DROP comes a bit earlier than expected. :O
Ghi chú
ảnh chụp nhanh

Currently I am out of my XRP positions, because I observe the market with caution.
There is a huge further drop potential until now, even with a possible Fakeout to my marked 0.19$ in the main analysis.

Therefore I just sit back and watch the market at the time being. :)
Ghi chú
The drop isn't over. :D
Ghi chú
We are still on track and didn't touch the 0,19$ until now, which I think can happen very soon in a rapid move.
Ghi chú
XRPs time for decision is getting closer and closer.
I think we will see a volatile move in the next 2-3 weeks. :)
Ghi chú
You all are ready to shoot up? :)

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