Technical analysis by chestephens1 about Symbol XRP: Buy recommendation (12/5/2023)

chestephens1

Not sure why there is such low volume on XRP but the sentiment is still the same IMO. The Crypto winter is HERE I think XRP is potentially being manipulated by the alphabet boys SEC. BTC is in an upward channel to test 50K ETH has broken out to test 2500 Why is XRP so stagnant??? We have taken out the sub .60 lows, and tested .70 2x in NOV The confluences are aligning and its only a matter of time before the impulsive bull run. .81-.87 is the target which is is 1:5 Risk:Reward ratio as posted. LOAD THE BUS we going NORTH! *This is not Financial advice, simply my own analysis and opinion DYR* #XRPtotheMOONAn Impulsive drawdown retest has occurred. The Short was among all cryptos equally. Shaking out weak buyers and SL. Liquid dip to test .60 did not hold and is back up to .616 This is why we have a large SL! Best entry is still .623 im still holding #XRPtotheMOONAnother flash liquidity dip to test .60 but once again could not hold under .60 pushed back to .62 FOMC news is over so now we just wait for the push upside #XRPtotheMOONToday ALMOST stopped me out of this trade LOL another liquid dip to test NOV lows but we zapped back up to just leave a wick. Need to move upward towards .63 and maintain above .61 for bullish outlook #XRPtotheMOONWe are still above our entry of .62 but volume did not permit a .70 test and beyond. This current target date of 12/25 for breakout was not achieved. I will still keep this running and update you throughout as i am a believer. January 10th 2024 is a crucial date for all crypto movement as that is the date Blackrock ETF will be spoken on for approval. Another update in early 2024. #XRPtotheMOON