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RE: RIPPLE (XRP): Keep an EYE on XRP...ready to EXPLODE UP!
yeah, I want to believe. But I am hesitant as it seems that it is losing the support of the decentralizaed community, as it alliances with more financial and social "institutions".
Interesting, as you seem to put fundamentals ahead of TA. For me, TA states that a reason or an event shall arrive to justify the forecast and not the other way around. This to me, TA begets the fundamentals and not reverse.
TA is reading charts that measure a degree of human emotion and decision-making. Fundamentals can be important, but the perception of the masses trading the related commodity is more accurate. Fundamentals can be garbage, but if everyone thinks otherwise, those people thinking otherwise will dictate the market, not the fundamentals.
I believe many fundamental analysts can make great calls. Just like TA. Both rely on the skill of the caller to interpret the singals. This takes tons of failure experience. I simply preferred TA as that was my cup of tea.
Interpretation is easier with less data! That's TA for me. Fundamentals have too much data and so too many interpretations.
Both work, as both are based on mathematical ratio (fibs) and as Einstein said, all events are photoelectric and tied to electromagnetism, TA and fundamental analysis are both derived from quantum states. This is not weird...it's true science.
Well done!