⚡️Good morning guys, quick XRP TA here for you guys but basically my ideas last night should have given you most of what you needed to be aware of but let's sum things a bit here for continuing.
⚡️0.33 Is our support right now but that's not one of our main supports so keep that in mind, though we definitely don't wanna lose 0.33 either and wanna stay above considering everything. It should also be noted right now that we've lose that 200 EMA for a second time and it's really gonna take a lot for us to regain that now, especially considering we had those big whales do their best to pull us up into the 200 EMA again which they did, but that didn't last long as bears came in selling on them and sent us right back down slipping us off our feet.
⚡️It's bad enough that we're out of the main wedge now for XRP and my best hoep right now is that we can get pulled up by some impulse move or natural support which would be even better, but the market sentiment just isn't there right now, especially with the Fed's Jackson hole conference being underway now and Powell having made his bearish remarks with regards to keeping aggressive on rates and hikes which hasn't helped the mood at all.
⚡️To keep things simple we wanna avoid touching Leta lone falling below my red line at 0.3269, and should we fall below that we would next have to look at our first main support which kicks in at roughly 0.30.
⚡️If you didn't see the supports Ide aI posted a few days ago here are XRP's two main REAL supports for you guys, just so you have an idea of where that support really kicks in during rough times so anything dramatic happens you'll wanna check these out, I'm gonna leave the idea here for now since we already see what's going on and I've kept you guys updated of course, it's unfortunate that our 20 EMA has crossed below that 50 and now we'll need even more support as well too to make it out and up.
⚡️We just keep getting hit with these choppy waters but when our time comes, it'll be faster than anyone could ever have expected, and by then, bears will be the ones paying the prices no doubt but we can't give up and this isn't a bad point to DCA. We're already at lows we haven't seen in years with XRP thanks to the market's troubles but soon enough we'll be pushed into this digital age and only the most legitimate of crypto's will survive, I have no doubt in ripple, and It'll always have my full unwavering support whether it be short or long term, I know that XRP will, and already is changing the world with each and every single day.
⚡️Thank you for tuning in, if you'd like to leave a like or follow it'd be much appreciated, simply doing what I love and always working hard to keep you guys posted and up to date, thank you for tuning in and wishing nothing but the best.
~ Rock '
⚡️0.33 Is our support right now but that's not one of our main supports so keep that in mind, though we definitely don't wanna lose 0.33 either and wanna stay above considering everything. It should also be noted right now that we've lose that 200 EMA for a second time and it's really gonna take a lot for us to regain that now, especially considering we had those big whales do their best to pull us up into the 200 EMA again which they did, but that didn't last long as bears came in selling on them and sent us right back down slipping us off our feet.
⚡️It's bad enough that we're out of the main wedge now for XRP and my best hoep right now is that we can get pulled up by some impulse move or natural support which would be even better, but the market sentiment just isn't there right now, especially with the Fed's Jackson hole conference being underway now and Powell having made his bearish remarks with regards to keeping aggressive on rates and hikes which hasn't helped the mood at all.
⚡️To keep things simple we wanna avoid touching Leta lone falling below my red line at 0.3269, and should we fall below that we would next have to look at our first main support which kicks in at roughly 0.30.
⚡️If you didn't see the supports Ide aI posted a few days ago here are XRP's two main REAL supports for you guys, just so you have an idea of where that support really kicks in during rough times so anything dramatic happens you'll wanna check these out, I'm gonna leave the idea here for now since we already see what's going on and I've kept you guys updated of course, it's unfortunate that our 20 EMA has crossed below that 50 and now we'll need even more support as well too to make it out and up.
⚡️We just keep getting hit with these choppy waters but when our time comes, it'll be faster than anyone could ever have expected, and by then, bears will be the ones paying the prices no doubt but we can't give up and this isn't a bad point to DCA. We're already at lows we haven't seen in years with XRP thanks to the market's troubles but soon enough we'll be pushed into this digital age and only the most legitimate of crypto's will survive, I have no doubt in ripple, and It'll always have my full unwavering support whether it be short or long term, I know that XRP will, and already is changing the world with each and every single day.
⚡️Thank you for tuning in, if you'd like to leave a like or follow it'd be much appreciated, simply doing what I love and always working hard to keep you guys posted and up to date, thank you for tuning in and wishing nothing but the best.
~ Rock '
