In my opinion the correction is still not fully over. Rather this is the time for stabilizing. The confidence of investors is shaken by various news from around the world like heist in Japanese Exchange, Korean episode, Indian Government announcement and stiff attitude for non acceptance of cryptos by various Governments. This is a good thing for cryptos in the long run. This stabilizing period would give the investors to re-enter the market at lower level who felt it had gone way too up. More investors would come in slowly and momentum will build up. For sure the next peak would be at least twice we achieved this January. Cheers.
I really appreciate your analysis. You have inspired me intensify my studies of chart patterns, definitely including Elliott Waves and new (to me) applications of Fibonacci.
23 days ago you were calling that the bottom was nearly in. The correction nearly over and that XRP would make quote “tsunami profits” imminently with a projected correction bottom ~$1.50.
Now that that’s clearly been disproved you are calling for it to go lower and saying that there will be a hurry up and wait scenario. So which is it? Your calls contradict each other. If you knew that hurry up and wait afflicted altcoins why were you calling for the correction to be nearly complete 23 days ago when the correction hadn’t even gone for longer than the impulse waves. Are you just making predictions for the sake of posts? Because it seems you are just writing whatever. Whether against your philosophy or not.
23 days ago you were calling that the bottom was nearly in. The correction nearly over and that XRP would make quote “tsunami profits” imminently with a projected correction bottom ~$1.50.
Now that that’s clearly been disproved you are calling for it to go lower and saying that there will be a hurry up and wait scenario. So which is it? Your calls contradict each other. If you knew that hurry up and wait afflicted altcoins why were you calling for the correction to be nearly complete 23 days ago when the correction hadn’t even gone for longer than the impulse waves. Are you just making predictions for the sake of posts? Because it seems you are just writing whatever. Whether against your philosophy or not.
At least Ripple has a real-world use case. That will be it's reason for future growth.
which use case?
In my opinion the correction is still not fully over. Rather this is the time for stabilizing. The confidence of investors is shaken by various news from around the world like heist in Japanese Exchange, Korean episode, Indian Government announcement and stiff attitude for non acceptance of cryptos by various Governments. This is a good thing for cryptos in the long run. This stabilizing period would give the investors to re-enter the market at lower level who felt it had gone way too up. More investors would come in slowly and momentum will build up. For sure the next peak would be at least twice we achieved this January. Cheers.
Why You Need To HODL! https://steemit.com/bitcoin/@investingtips/why-you-need-to-hodl-no-weak-hands-here
thx!
I really appreciate your analysis. You have inspired me intensify my studies of chart patterns, definitely including Elliott Waves and new (to me) applications of Fibonacci.
Ya I agree these are good indicators that I'm trying to learn as well. I like fibonnacci retracements a ton.
Thanks for this post.
lost faith in that project to be quite honest. after the Korean bust
I think ripple is awesome! I bought XRP on 0.77Cents
https://steemit.com/blockchain/@haejin/ripple-xrp-projected-to-make-tsunami-profits
23 days ago you were calling that the bottom was nearly in. The correction nearly over and that XRP would make quote “tsunami profits” imminently with a projected correction bottom ~$1.50.
Now that that’s clearly been disproved you are calling for it to go lower and saying that there will be a hurry up and wait scenario. So which is it? Your calls contradict each other. If you knew that hurry up and wait afflicted altcoins why were you calling for the correction to be nearly complete 23 days ago when the correction hadn’t even gone for longer than the impulse waves. Are you just making predictions for the sake of posts? Because it seems you are just writing whatever. Whether against your philosophy or not.
Let’s get a $5 ripple please, let the Bulls RUN and shoot off the rockets headed for the moon. 1 Trillion market cap before June.
https://steemit.com/blockchain/@haejin/ripple-xrp-projected-to-make-tsunami-profits
23 days ago you were calling that the bottom was nearly in. The correction nearly over and that XRP would make quote “tsunami profits” imminently with a projected correction bottom ~$1.50.
Now that that’s clearly been disproved you are calling for it to go lower and saying that there will be a hurry up and wait scenario. So which is it? Your calls contradict each other. If you knew that hurry up and wait afflicted altcoins why were you calling for the correction to be nearly complete 23 days ago when the correction hadn’t even gone for longer than the impulse waves. Are you just making predictions for the sake of posts? Because it seems you are just writing whatever. Whether against your philosophy or not.