THE PREDECTED 'FLASH-CRASH' WEEK IS UPON US!
As I've stated in a previous post, I believe that a massive, market-wide liquidation event is coming within the next trading week (September 9th–15th). This chart pertains to what I believe we will see in XRP during this timeframe.
As predicted previously, I believe we will see a drop below $0.3838, between 33% and 50%, but it likely won't last too long before the price recovers and starts the beginning of the next bull run cycle.
Many people falsely believe that we are already in the bull run, but that's simply not true. The gains we have seen so far in some cryptos have just been a precursor to what is about to occur over the next 9 to 14 months in the new appreciation cycle. Anyone who says we're already in the bull market is just flat-out wrong. But never fear; it is about to start, though only after a major liquidation event occurs to fill the coffers of the market makers, who will sell all the way up, providing the needed liquidity to drive the price to new all-time highs.
Good luck, and enjoy the ride! Becoming a multimillionaire will be the best part. Once you get there, you won't even know what to do with all that money! Hopefully, something good for your community and the people in your life! Always be charitable and create the change that you would like to see in the world; don't wait for it—make it happen!
As predicted previously, I believe we will see a drop below $0.3838, between 33% and 50%, but it likely won't last too long before the price recovers and starts the beginning of the next bull run cycle.
Many people falsely believe that we are already in the bull run, but that's simply not true. The gains we have seen so far in some cryptos have just been a precursor to what is about to occur over the next 9 to 14 months in the new appreciation cycle. Anyone who says we're already in the bull market is just flat-out wrong. But never fear; it is about to start, though only after a major liquidation event occurs to fill the coffers of the market makers, who will sell all the way up, providing the needed liquidity to drive the price to new all-time highs.
Good luck, and enjoy the ride! Becoming a multimillionaire will be the best part. Once you get there, you won't even know what to do with all that money! Hopefully, something good for your community and the people in your life! Always be charitable and create the change that you would like to see in the world; don't wait for it—make it happen!
Catatan
Updated chart with adjusted levels.
Catatan
Updated chart with adjusted levels zoomed in.
Catatan
This prediction is looking pretty toasted at this point. I still think that a big drop is coming in the near future, but my timing was obviously off. If it doesn't drop, that would indicate that the June low is likely the trend low for the appreciation cycle, but I really find it hard to believe that is the case. The market makers are going to need to absorb a lot more liquidity for the massive move up that we all know is coming, and I don't think the June low was adequate, which is why we haven't seen XRP take off yet. Predictions are like playing golf—no matter how good you are and how much you practice, even the best golfers slice the hell out of a drive now and then.
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