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Author Topic: XRP may crash 80% per Wyckoff Schematic analysis  (Read 452 times)
jr.coastapps (OP)
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December 12, 2019, 11:57:22 AM
 #1

As indicated by the trader, by utilizing Richard Wyckoff’s schematics, which used to decide to advertise cycles, which used to demonstrate the period of long haul XRP direction has reached a conclusion that determines that a markdown comes next just after the current circumstance.

Analysis indicates crypto has broken underneath a sliding bit, which prone to suffocate 80% of the value that of the present costs.

Source: TheCoinRepublic
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December 12, 2019, 12:02:58 PM
 #2

It's been a week since this attack on XRP are starting. I look always the chart of XRP and this cycle they are pertaining is just hypothetical. Therr is no major issue that will cause sudden price dump for XRP. Not all pattern are bound to happened. This kind of sickening prediction really makes me mad. I'm not saying this because I'm a XRP holder because I don't own any of XRP token. I just don't like the idea of destroying the value of good project for a baseless pattern.

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December 12, 2019, 12:08:37 PM
 #3

A prediction is just a prediction, it won't or can't change what is going to happen, its really a shame that people want xrp to cripple this bad, really? its not going to work because xrp is among the best of the best

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December 12, 2019, 01:02:35 PM
Last edit: March 23, 2020, 08:43:30 PM by Addisonbt
 #4

A prediction is just a prediction, it won't or can't change what is going to happen, its really a shame that people want xrp to cripple this bad, really? its not going to work because xrp is among the best of the best

How to close a Ripple wallet and get 20 XRP back?

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December 12, 2019, 04:12:53 PM
 #5

Don't take TAs as granteed though, but yeah Ripple is performing like shit since it's best performance late 2017, first 2018.
YES Ripple made some old holders millionaires back then & it won't make any holder of XRP since then a millionaire again.

The market is full of great coins & blockchain to invest in, why the focus on something that is already " saturated " in the matter of making you a potential good ROI, it's not gonna happen with Ripple.

Seeing the Ripple fundamental, i would say i'll never make it a part of my portfolio, it will keep sinking with every couple millions release in he market.
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December 19, 2019, 06:49:47 PM
 #6

A prediction is just a prediction, it won't or can't change what is going to happen, its really a shame that people want xrp to cripple this bad, really? its not going to work because xrp is among the best of the best

I think you're right. I also believe that this prediction is just an information throw in order to bring down the price of this coin. Why did I think that? So as sovesm recently Ripple have proposed servsi for purchases music for XRP and so same Bank Santander is preparing preobresti a large number of data coins.
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December 19, 2019, 07:00:46 PM
 #7

In fact, XRP may be worth nothing because it has unlimited supply. For speculators, this is a nice instrument because the banks stand behind it, so they can play with the price. Unfortunately, it should not have any value, because it can be manipulated more simply than printing dollars.

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December 19, 2019, 11:19:46 PM
 #8

As indicated by the trader, by utilizing Richard Wyckoff’s schematics, which used to decide to advertise cycles, which used to demonstrate the period of long haul XRP direction has reached a conclusion that determines that a markdown comes next just after the current circumstance.

Analysis indicates crypto has broken underneath a sliding bit, which prone to suffocate 80% of the value that of the present costs.

Source: TheCoinRepublic
With the support from the pre-mined coin of ripple that will be dumped gradually and that analyzation totally make sense for me. But in my opinion if 80% will be the minimum percentage for ripple to crash. I may touch more than 80%.
people are still buying this one just for speculation only and they never use ripple coin for something useful.
A security coin like ripple could go to the zero value as there is no usability and people who hold ripple gets nothing.

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December 20, 2019, 06:18:43 AM
 #9

In fact, XRP may be worth nothing because it has unlimited supply.

Not true, it has a max supply of 100b. Certainly there is a lot more to come into circulation, but the max supply remains.
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December 20, 2019, 12:27:51 PM
 #10

It's been a week since this attack on XRP are starting.
*snip*

A week? What attack are you talking about? This article says nothing about the xrp fundamentals. And all i have seen is same amount of xrp shills and people who are against xrp. Nothing have changed. How is some prediction of the value drop an attack? If the price drops was it because of this?

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December 20, 2019, 12:30:04 PM
 #11

If it will that's alright with me, this coin has a very big volume and I think even at the current price now, it's still overvalued.
As the market is bearish there's a possibility that any coin could crash so a loss for XRP might bring positive result to other coins as investors will certainly jump and I can't think of any coin that they'll jump on but it's sure gonna be ETH.

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December 20, 2019, 06:00:07 PM
 #12

Usually i will not look at predictions as all are just bullshit, but when it comes to XRP and if someone says that it will crash then it is not a big surprise as it might die off eventually as these centralized shit cannot survive for a long period of time and i used to wonder how come a coin like XRP lasted this long but i am not expecting it to die off completely but the price might take a big blow in the long run.
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December 21, 2019, 04:53:15 AM
 #13

Not all predictions are created equal. Some are just dart throwing types while others use scientific reasoning like Fibonacci sequences, market cycles, etc. However, all of them are not 100% accurate since no one can see the future.


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December 21, 2019, 06:24:06 AM
 #14

Prediction is not always happened as we know that no one will know what will happen later. But you can use their prediction for your analysis so you can know if there is something that will give you benefit to determine the current situation. Besides that, if you can get more information from their prediction, you can be able to make a strategy from the current market. But be careful, you need to have a resource of information to analyze that thing.

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December 21, 2019, 07:15:52 AM
 #15

The crypto market is largely moving as one. Some coins fall a bit harder than others, but all high-cap alts tend to have similar behaviour at the moment. It's difficult to see how XRP could fall 80% without ETH for example also falling by at least 50%... which I really can't see at the moment. XRP has been top 3 in cap for a very long time, and with good reason. It's not going to suddenly drop to the lower end of the top 10.
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December 21, 2019, 11:00:39 AM
 #16

XRP has already crashed so be it 80% or 90% it has been dwelling on a bad tides and staying for a long time in the losing side.
Technically speaking, this is a speculation which is obviously possible to happen.


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December 21, 2019, 12:02:09 PM
 #17

XRP has already crashed so be it 80% or 90% it has been dwelling on a bad tides and staying for a long time in the losing side.
Technically speaking, this is a speculation which is obviously possible to happen.

After that crash, there would be possible pumps to initiate soon. Let's wait for that, as bitcoin started to gain a little percentage lately which I seen $7k stabilizing better tracks. Fluctuating market might be so unpredictable, we must take this challenge seriously.
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December 21, 2019, 01:34:03 PM
 #18

As indicated by the trader, by utilizing Richard Wyckoff’s schematics, which used to decide to advertise cycles, which used to demonstrate the period of long haul XRP direction has reached a conclusion that determines that a markdown comes next just after the current circumstance.

Analysis indicates crypto has broken underneath a sliding bit, which prone to suffocate 80% of the value that of the present costs.

Source: TheCoinRepublic

Can't see this to be really very clear if I'm honest. I mean, most kinds of TA have to take some charts to a stretch and some more than others but this is a technical that crypto hasn't followed very well. And that's talking about Bitcoin. Come to Ripple where most of its still centralized, the whales are known and impossible to keep track of, and volumes they drop just smash the markets, none of this plays out or none of it plays out the way they should.

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December 23, 2019, 06:43:15 PM
 #19

XRP has already crashed so be it 80% or 90% it has been dwelling on a bad tides and staying for a long time in the losing side.
Technically speaking, this is a speculation which is obviously possible to happen.

After that crash, there would be possible pumps to initiate soon. Let's wait for that, as bitcoin started to gain a little percentage lately which I seen $7k stabilizing better tracks. Fluctuating market might be so unpredictable, we must take this challenge seriously.
I'm not removing that idea because it happens for other altcoins so obviously it's likely too for XRP.
Although, I'm not a fan of this coin and not holding but the cycle can be like that unless the centralized authority of XRP will keep on dumping the coin.
Just a small reminder that even bitcoin goes up, it doesn't guarantee the pump for other coins such as XRP.


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December 23, 2019, 08:02:22 PM
 #20

XRP has already crashed so be it 80% or 90% it has been dwelling on a bad tides and staying for a long time in the losing side.
Technically speaking, this is a speculation which is obviously possible to happen.

After that crash, there would be possible pumps to initiate soon. Let's wait for that, as bitcoin started to gain a little percentage lately which I seen $7k stabilizing better tracks. Fluctuating market might be so unpredictable, we must take this challenge seriously.
I'm not removing that idea because it happens for other altcoins so obviously it's likely too for XRP.
Although, I'm not a fan of this coin and not holding but the cycle can be like that unless the centralized authority of XRP will keep on dumping the coin.
Just a small reminder that even bitcoin goes up, it doesn't guarantee the pump for other coins such as XRP.
Theres no such guarantee for having a correlation of moving prices from time to time on where and when btc moves.This isnt only applicable with XRP though
but on all other major altcoins in the market at the moment. Analysis? This isnt rare yet we've seen countless analysis telling those and that
about possible price in the future but no one can predict precisely on what would happen ahead.For now, the thing we can do is to observe and wait up.

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