Technical analysis by Immortalsouls about Symbol XRP: Buy recommendation (9/14/2024)
https://sahmeto.com/message/2608652

Immortalsouls
Rank: 3458
Analytical Power:
2.0

Just wanted to point out that this narrative of a crash occurring in Xrp has most likely (according to the charts comparison to 2017 crash) already occurred. In 2017 Xrp crashed from 0.0050's to 0.0030's.. and recently we had similarly 0.50's (average) to 0.38's. So maybe we've already had the Xrp crash everyone has been calling for. What I have been particularly paying attention to is the trendline angles to the upside. 2017's angles are less extreme, whilst our current Xrp trendline angles to the upside are higher. Therefore it makes sense we've already had the equivalent 2017 crash. Xrp is still way oversold.. and when everyone is calling for a particular narrative.. maybe start thinking opposite what they're calling for.
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Signal Type: Buy
Time Frame:
1 monthPrice at Publish Time:
$0.5941