$XRP - Hardcore accumulation/price action (2013-2024)

٢٧ مايو

XRP has, in my opinion, one of the most hardcore price actions and charts in crypto history.

In stocks and crypto, the more a coin or stock disillusions, the more likely it is to surprise.

The price of XRP historically was characterized by “failed pumps”, where the price shot upwards making it look like it would go in search of new ATH, but bounced sharply before the last high returning to the original entry, killing a lot of longers along the way.

XRP only drew 3 ATH in 11 years of existence. And most people abandon coins that are slow to take off. But in the universe of price action probabilities - and it's my opinion - the more a price action disappoints, the greater the probability that it will surprise. Because organically, the greater the accumulation, the greater the bullish or bearish violence of the breakout.

My XRP hotspots for swing long buying are:

0.48 usd
0.30 usd
0.24 usd
0.12 usd

The points of interest for selling:

1.5 usd
3 usd
24 usd