XRP Slow progression - Phase C? ROUGH IDEA - XRP Springboard
I'm not an expert in Wycoff but this feels very much like a slow accumulation and shakeout.
I'm working on the basis of Fib timezones which seem to fit nicely in the current pattern , suggesting a few more days of accumulation to follow. This would mirror previous long accumulations seen on XRP.
I expect to see a <$0.2 jump to circa $0.35, and then onwards, probably to $0.6ish before running out of steam and some serious retracement before starting a steady climb once more.
If orchestrated, the date of 15th for ceasing of trading would create short term panic and more FUD, driving the price lower once again aiding the natural shakeout .
Therefore I expect the jump somewhere between 15 and 18 Jan (not a conspiracy theorist)
Thoughts?
I'm working on the basis of Fib timezones which seem to fit nicely in the current pattern , suggesting a few more days of accumulation to follow. This would mirror previous long accumulations seen on XRP.
I expect to see a <$0.2 jump to circa $0.35, and then onwards, probably to $0.6ish before running out of steam and some serious retracement before starting a steady climb once more.
If orchestrated, the date of 15th for ceasing of trading would create short term panic and more FUD, driving the price lower once again aiding the natural shakeout .
Therefore I expect the jump somewhere between 15 and 18 Jan (not a conspiracy theorist)
Thoughts?