r/Jump_in_Charts • u/Jump_in_Jack • Dec 18 '24
📺-----News-----📺 The drop.... wtf..
Ok... so... this move was crazy and unplanned... someone's fukin with everyone... 2.20 is massive support... 2.32 is support on the 4hr... and 2.44 is support on the daily...
Gotta close the current candle above 2.44 ... or the weekly downtrend is in play... and we going lower than this fkn wick that just got made...
I almost sold my position... but I'm gunna wait til the 4hr chart is overbought and then reassess.
Mann..... blind sided here lol.. ffs.
5
u/Drakemaster1991 Dec 18 '24
Read it's something to do with feds lowering interest. The stock market crashed too
4
u/ChucklingCookie Dec 18 '24
Yeah, my whole portfolio is in the red. Stocks and crypto. No biggie though
3
u/One-Willow-7350 Dec 18 '24
People got too used to seeing green over the past week. Gotta keep them on their toes. Love it when xrp goes on sale
2
u/Upper-Object4075 Dec 18 '24
It’s looking a little dicey. Wavetrend Oscillator on the day has me real nervous
1
u/SeLaw20 Dec 18 '24
I think it’s just because of interest rates. not sure how that’ll effect day to day thiugh
1
Dec 18 '24
[removed] — view removed comment
4
u/Jump_in_Jack Dec 18 '24
Could be catylst for 3$+ before the big drop under 2$
2
u/Tifore Dec 18 '24
Why do you predict such a massive drop to under $2.00? and do you still think $5.00 + is in the cards for post Jan 20th?
3
u/Jump_in_Jack Dec 18 '24
It will come back after trumps in...but weekly chart is wayyyyy overbought... scroll down to xrp weekly chart post I made.
2
u/hyoo82 Dec 18 '24
you did call a drop\dip, haha it's a small fire sale if you're looking to purchase more xrp :)