Hey! Thank you guys for tuning in and without further delay let's get going. And before I start if you'd like to leave a like and follow it always helps and is appreciated! As always you already know me, coming at you with the Ideas that you need, when you need em. In a follow up from yesterday's Idea in which case I noted the scenarios we have seen the worst scenario came to fruition as we instead fell below that descending channel and as a result you can see the drop that followed thanks to that. So in the very least we're gonna know price action is still staying true true our indications we've already gotten down.
⚡️On this Idea we've added a new addition to our Idea in blue which should highlight the new trend that's forming, it's a bit rough to get a grasp of what exactly it is based on just how volatile stuffs been but that should be the new trend lines to watch for. It kinda seems like a descending channel but a really short term volatile and sharp one. And following up on the fact that it looks like that I wanted to let you guys know using past price action if we look at my chart at the end of May, we can see the chart before it completely flipped XRP at the end of the month with that breakout above the new trend line I had already noted in my Idea back then so we know at least that hey, the lines help in the least to say.
⚡️Basically this is quite possibly something we could be looking at soon as well, eventually that Ribbon band or those EMA's are gonna have to flip, and whenever they do we see great price action on behalf of whale Bulls that take advantage of the opportunity or create a breakout. XRP is looking at levels which we haven't seen since 2021. However, XRP isn't alone, XRP much like most of the market has fallen as Bitcoin has plunged below $25,000 with the crypto market getting 200 billion wiped off in the past 24 hours alone. We're still falling off the mountain that I made an Idea on for you guys which is linked below in the related Ideas! Read that to see how this started!
⚡️Keep in mind though that we may be down here for a month or possibly even more depending on how this bear market wants to be but right now a lot of stuff is in chaos as Binance announced that it was suspending all withdrawals due to “extreme market conditions.” This was a few hours after crypto lender Celsius blocked customers from pulling funds from its platform in a move that basically has fueled a broad sell-off across the crypto market. So that's likely what's caused this.
🔥 Anyway we're looking at 2020 levels right now for BTC and 2021 for XRP so this may not be such a bad point to pick up a few tokens, especially if you may be looking to DCA as I keep saying, simply DCA that way you'll have money for moments like this, we could see these levels for a bit or even sink if we fall below that 0.30 mark so watch out for that but either way this is a good opportunity long term to DCA or buy a good amount with the case as well looking to likely end this year and we know that XRP is following what Bitcoin's doing, but that case finishes and well it'll likely be a positive in one way or another and eventually all of these are gonna flip so just keep that in mind, thank you.
Thank you for taking the time to tune in and read my Ideas honestly, I hope you have a great day and leave a like and follow if this Idea helped! Keep posted for more Ideas as always, this is gonna be a volatile market, but one way or another this mountain is simply one small part of an Amazing Mountain Range that one day we're gonna look back and go damn, I was there for that. Life is amazing.
~ Rock
⚡️On this Idea we've added a new addition to our Idea in blue which should highlight the new trend that's forming, it's a bit rough to get a grasp of what exactly it is based on just how volatile stuffs been but that should be the new trend lines to watch for. It kinda seems like a descending channel but a really short term volatile and sharp one. And following up on the fact that it looks like that I wanted to let you guys know using past price action if we look at my chart at the end of May, we can see the chart before it completely flipped XRP at the end of the month with that breakout above the new trend line I had already noted in my Idea back then so we know at least that hey, the lines help in the least to say.
⚡️Basically this is quite possibly something we could be looking at soon as well, eventually that Ribbon band or those EMA's are gonna have to flip, and whenever they do we see great price action on behalf of whale Bulls that take advantage of the opportunity or create a breakout. XRP is looking at levels which we haven't seen since 2021. However, XRP isn't alone, XRP much like most of the market has fallen as Bitcoin has plunged below $25,000 with the crypto market getting 200 billion wiped off in the past 24 hours alone. We're still falling off the mountain that I made an Idea on for you guys which is linked below in the related Ideas! Read that to see how this started!
⚡️Keep in mind though that we may be down here for a month or possibly even more depending on how this bear market wants to be but right now a lot of stuff is in chaos as Binance announced that it was suspending all withdrawals due to “extreme market conditions.” This was a few hours after crypto lender Celsius blocked customers from pulling funds from its platform in a move that basically has fueled a broad sell-off across the crypto market. So that's likely what's caused this.
🔥 Anyway we're looking at 2020 levels right now for BTC and 2021 for XRP so this may not be such a bad point to pick up a few tokens, especially if you may be looking to DCA as I keep saying, simply DCA that way you'll have money for moments like this, we could see these levels for a bit or even sink if we fall below that 0.30 mark so watch out for that but either way this is a good opportunity long term to DCA or buy a good amount with the case as well looking to likely end this year and we know that XRP is following what Bitcoin's doing, but that case finishes and well it'll likely be a positive in one way or another and eventually all of these are gonna flip so just keep that in mind, thank you.
Thank you for taking the time to tune in and read my Ideas honestly, I hope you have a great day and leave a like and follow if this Idea helped! Keep posted for more Ideas as always, this is gonna be a volatile market, but one way or another this mountain is simply one small part of an Amazing Mountain Range that one day we're gonna look back and go damn, I was there for that. Life is amazing.
~ Rock
