🏳️The chart suggests a simple reality: ▫️The worst-case scenario appears to be a return toward $1.00, while the upside potential remains significantly larger and there is not limits.
▫️Is it worth risking a long-term position for a possible short-term dip and then missing the larger macro move?
▫️Personally, I am not touching my XRP holdings. I am prepared to add if opportunity comes, because this is a macro-sized trade, not a small short-term speculation.
🏳️Back to the TA 📈: ▫️The monthly structure continues to respect the MACRO channel that has guided #XRP’s trajectory since the beginning (what I call The Line 1). And once again, price is consolidating within a classic bull flag formation: ▫️Breakout → Retest → Continuation. ▫️Bull Flag Target: approximately $20 ▫️Top of “The Line 1”: around $35 ▫️Top of “The Line 2”: near $200 ▫️Do not comment with What about Market Cap??? I will beat the shit out of you 😂😉
🏳️Key MACRO Risk Level ⚠️: ▫️As long as $1.00 holds on the monthly timeframe, the macro bullish outlook remains the possible scenario and out come.
▫️However…A monthly close below $1.00 would shift the narrative and require reassessment.
▫️That is the key level serious chart TA analysts should be Watching closely. ▫️ Now We Are Still $2 and We are above 21 EMA and in the most possible position for Expansion. ▫️Compression → Leads Expansion
🏳️Bull flags do not end quietly. 🔥
#XRPFamily STAY STEADY and STRONG! 💪 Together We Rise 🌄, and soon we shall FLY SO HIGH! 🦅
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#XRP – The Macro Trade 🔍:
🏳️The chart suggests a simple reality:
▫️The worst-case scenario appears to be a return toward $1.00, while the upside potential remains significantly larger and there is not limits.
▫️Is it worth risking a long-term position for a possible short-term dip and then missing the larger macro move?
▫️Personally, I am not touching my XRP holdings. I am prepared to add if opportunity comes, because this is a macro-sized trade, not a small short-term speculation.
**********************************************************************************************************
🏳️Back to the TA 📈:
▫️The monthly structure continues to respect the MACRO channel that has guided #XRP’s trajectory since the beginning (what I call The Line 1). And once again, price is consolidating within a classic bull flag formation:
▫️Breakout → Retest → Continuation.
▫️Bull Flag Target: approximately $20
▫️Top of “The Line 1”: around $35
▫️Top of “The Line 2”: near $200
▫️Do not comment with What about Market Cap??? I will beat the shit out of you 😂😉
**********************************************************************************************************
🏳️Key MACRO Risk Level ⚠️:
▫️As long as $1.00 holds on the monthly timeframe, the macro bullish outlook remains the possible scenario and out come.
▫️However…A monthly close below $1.00 would shift the narrative and require reassessment.
▫️That is the key level serious chart TA analysts should be Watching closely.
▫️ Now We Are Still $2 and We are above 21 EMA and in the most possible position for Expansion.
▫️Compression → Leads Expansion
🏳️Bull flags do not end quietly. 🔥
#XRPFamily STAY STEADY and STRONG! 💪 Together We Rise 🌄, and soon we shall FLY SO HIGH! 🦅