We're looking at the 4H here of my long-term XRP wedge. All of my $XRP charts tie in together, this one being the product of price manipulation.
Holding out and riding the bottom of the wedge wasn't good enough for the whales, they're crashing the price to .28 one last time before they swing the price up to $0.50-0.60. The .28 level is a weekly and has already been respected 3 times.
Starting from Mid-July after that big spike up, there has been downward momentum and that will carry until the next month. Please take a look at the Monthly charts for XRP, this is a bearish month so we shouldn't expect any price movements up until September.
My prediction is that we break out of this downward trend by the end of August-early Sept. then price will skyrocket up to $0.40 in the same month.
I say this everytime, I almost sound like a broken record, $XRP isn't going anywhere and all the nay-sayers will be proven wrong in a few months.
Holding out and riding the bottom of the wedge wasn't good enough for the whales, they're crashing the price to .28 one last time before they swing the price up to $0.50-0.60. The .28 level is a weekly and has already been respected 3 times.
Starting from Mid-July after that big spike up, there has been downward momentum and that will carry until the next month. Please take a look at the Monthly charts for XRP, this is a bearish month so we shouldn't expect any price movements up until September.
My prediction is that we break out of this downward trend by the end of August-early Sept. then price will skyrocket up to $0.40 in the same month.
I say this everytime, I almost sound like a broken record, $XRP isn't going anywhere and all the nay-sayers will be proven wrong in a few months.
