Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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///////👍✋Not financial advice, do your own due diligence ✋👍////////
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➡️Technical Standpoint⬅️
1.) A symmetrical triangle, set to make a decision somewhere before or around 4/9.
2.) Holding the LR so long term bullish.
3.) Holding above the 1.618 fib; in theory we should move to the next layer of fibs around 2.5
4.) Overall XRP is consolidating; seems to be in the bulls favor.
➡️Fundamental Standpoint⬅️
1.) Honestly its been a hot potato these past few months. With the SEC getting feisty, multiple delisting, and other projects taking some of XRP's market cap, its commonsense to be cautious on this one.
2.) Ripple just needs to establish that its XRP protocol is decentralized to the SEC, and its back to business as usual.
➡️Current Season⬅️
- Altseason
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//////Indicator Legacy/Meaning//////
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✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ Major Resistance Line( MRL ): is the color fuchsia.
✨ Major Support Line(MSL): is the color aqua.
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
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///🎉🎉🎉Before You Go🎉🎉🎉///
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Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
""Keeping it short and sweet as always.""
- assetsandcoffee📈☕
________________________________________________________
________________________________________________________
//////////////////////////////////////////////////////////////////
///////👍✋Not financial advice, do your own due diligence ✋👍////////
/////////////////////////////////////////////////////////////////
➡️Technical Standpoint⬅️
1.) A symmetrical triangle, set to make a decision somewhere before or around 4/9.
2.) Holding the LR so long term bullish.
3.) Holding above the 1.618 fib; in theory we should move to the next layer of fibs around 2.5
4.) Overall XRP is consolidating; seems to be in the bulls favor.
➡️Fundamental Standpoint⬅️
1.) Honestly its been a hot potato these past few months. With the SEC getting feisty, multiple delisting, and other projects taking some of XRP's market cap, its commonsense to be cautious on this one.
2.) Ripple just needs to establish that its XRP protocol is decentralized to the SEC, and its back to business as usual.
➡️Current Season⬅️
- Altseason
//////////////////////////////////
//////Indicator Legacy/Meaning//////
//////////////////////////////////
✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ Major Resistance Line( MRL ): is the color fuchsia.
✨ Major Support Line(MSL): is the color aqua.
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
//////////////////////////////////
///🎉🎉🎉Before You Go🎉🎉🎉///
//////////////////////////////////
Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
""Keeping it short and sweet as always.""
- assetsandcoffee📈☕