✴️ XRP | Endless Updates

16 de out. de 2023

I've shared many XRP updates for you so you already know my view... Should I continue?

XRPUSDT Daily

It is still super early, we have four consecutive days green but prices are still trading below EMA21 and EMA10.

This doesn't necessarily means bearish, it means that we are yet to see the real action start.

➖ The fact that we have forever higher lows;
➖ The fact that we have good news starting to show up;
➖ The fact that Bitcoin is finally moving ahead;
➖ The fact that after months of correction prices are relatively the same...

All these are strong bullish signals.

You see, for us to be bearish the minimum is new lows.
This is a simple one.
If there are no new lows, any bearish perspective is just weak.
If there are no new lows, the bulls can be either preparing (consolidation) or be strong.

In this case it is both.
We have strong bulls preparing for another major run.

It is my pleasure to write for you... I can go on.

The fact that trading volume is really low when the correction is happening means that we are not in a bearish wave. It means that the correction is the abnormal move, weak, and the market is waiting for the bulls again.

👉 By the 28th of October we should see fireworks.

Potential targets and additional information can be found in previous trade ideas.

Thanks a lot for your support.

Namaste.