XRP The price of a historical scale in the price is on the agenda of investors. In the technical analysis, the monthly before the parabolic rise in 2017 Stockastic RSI It is discussed that the intersection is on the table again. This intersection resulted in a harsh correction of 96 percent after moving the price that year 20 floors in a few weeks. Expert analyst Jaydee in his comment, “Smart minority rally accelerates the exit door. The crowd is condemned to extinguish with the light on the hill,” he stressed that the market stands on a critical threshold.
The historical rally signal in XRP redefined
Jaydee’s current graph The start of the stochastic RSI values from the lower band to the top of the rally in 2017 reveals a creepy table before the rally. At that time XRP Coin 0.006 dollars to $ 3.30 by increasing the risk appetite to the peak, pushing the price of sales wave to the level levels by pushing the level of the novice investor was unprepared.
Now, while the indicator threshold is forcing millims, the Analyst warned that “the large leveraged positions opened without confirmation can be stuck with insufficient volume”. On the other hand, he noted that if the intersection was formalized, FOMO would increase liquidity katbekat and the rise would accelerate.
Past data reveals not only the price curve, but also the investor psychology. In 2017, the whale level wallets reduced the position as the price approached the hill, and the small wallets made the charm of the headlines and made purchases from the summit. Analyst said that he could read the first traces of similar distribution from the chain flows and called his map “Pink Box .. It described this region as the intersection where the potential 20 -storey value increased and the withdrawal of 90 %began to withdraw. According to him, the smart money will be taken aside here and the late investors will turn into the source of liquidity in a harsh decline. In short, the opportunity window can be narrower than you think.
Details of possible 90 percent reduction risk for XRP Coin
Jaydee spoke of three basic indicators that support the possibility of the expected collapse. The first is the statistical model that reminds that the XRP depreciated between an average of 88 percent to 96 percent after each big cycle hill. This model makes possible withdrawal almost tradition. Secondly, the liquidity maps, which reveal that the order books are “seller -oriented” thinning on the main stock exchanges. When the rise acceleration is weakened, this thinning prepares the ground for sales orders to pull down the price harder. The third is macro indicators that are sensitive to Fed policies. With the dollar index and long -term bond returns XRP price In the event of a signal that will continue to be the inverse correlation between the financial tightening, the potential to shorten the life of the rally.
In the center of this table, there is a monthly stochastic intersection. At least one candle closure is required to take the indicator signal line up, just a few decimal points away and to obtain the exact confirmation. This means that the next four weeks will be critical.
Analyst underlined that aggressive long positions opened without considering whether the transaction volume and open position data support the intersection of the open position data will increase the risk of “bear trap”. Therefore, it may be the only way to limit the damage in a possible collapse scenario in XRP to balance the search for high earnings with discipline and to edit the output plan in advance.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
