👀👀
Following a decline, $XRP is once again showing accumulation signal. Accumulation is currently taking place within this price range.
While the MACD indicates bullish momentum, the EMA trend reflects bearish momentum.
👀👀
The Point of Control for $XRP is at $1.16, acting as a support level just below the current price.
On the other hand, the key resistance level is $1.2135. To shift into a bullish trend, the price must break above this level.
I also keep buying.
XRP 🟣✅️
XRP WHALES ARE BUYING THE DIP
While $XRP dropped from $1.34 to $1.15, large entities went on a buying spree.
Over the past five days, whales accumulated more than 16.46 million XRP.
Price is falling. Whales are buying.
Expected the unexpected.
XRP
$3.66 arrived from the 30-cent levels, and that run was only the first step of the Grand Wave 3.
We set #XRP targets five years ago and flew high where eagles dare.
Now we are standing in front of the biggest wave of a lifetime.
It has already started, but only some can see it.
Today I dissected it on the Weekly, part by part,
from $1.13 to $333 and $1,000.
I have no fear. Let that sink in.
Dark
Educational purposes only. Not financial advice.
I am still super bullish
XRP SOCIAL SENTIMENT TURNS NEGATIVE
The crowd is becoming increasingly bearish on $XRP, with social sentiment dropping to its lowest level since July.
But from a contrarian perspective, this could actually be constructive.
XRP appears to be developing a potential inverse head-and-shoulders bottom, yet broader sentiment suggests the crowd hasn’t recognized the setup.
In other words, the bullish trade may not be overcrowded yet.
THE BIGGEST BLACK SWAN EVENT
At least 42 countries worldwide have stock markets in BEAR MARKET territory.
🇵🇹 Portugal, PSI: −37.9%
🇸🇰Slovakia, SAX: −37.3%
🇹🇭 Thailand, SET: −20.9%
🇺🇦 Ukraine, PFTS: −64.5%
🇷🇺 Russia, MOEX: −42.6%
🇻🇳 Vietnam, HNX: −48.0%
🇹🇼 Taiwan, TAIEX: −20.5%
🇰🇪 Kenya, NSE 20: −33.3%
🇴🇲Oman, MSX 30: −40.2%
🇱🇧 Lebanon, BLOM: −40.6%
🇧🇷 Brazil, Ibovespa: −20.8%
🇱🇻 Latvia, OMX Riga: −31.5%
🇰🇭 Cambodia, CSX: −30.2%
🇷🇸 Serbia, BELEX15: −58.0%
🇯🇵 Japan, Nikkei 225: −21.1%
🇹🇷 Turkey, BIST 100: −25.6%
🇵🇭 Philippines, PSEi: −36.5%
🇧🇭 Bahrain, All Share: −37.5%
🇸🇦 Saudi Arabia, TASI: −51.9%
🇯🇲 Jamaica, JSE Main: −27.3%
🇶🇦 Qatar, QE General: −32.6%
🇱🇺 Luxembourg, LuxX: −30.0%
🇧🇩 Bangladesh, DSEX: −26.5%
🇵🇸 Palestine, Al-Quds: −48.5%
🇰🇷 South Korea, KOSPI: −46.1%
🇯🇴 Jordan, ASE General: −23.6%
🇨🇾 Cyprus, CSE General: −94.4%
🇲🇲 Myanmar, MYANPIX: −34.8%
🇲🇪 Montenegro, MONEX: −60.1%
🇭🇰 Hong Kong, Hang Seng: −26.9%
🇦🇷 Argentina, MSCI Merval: −28.7%
🇻🇪 Venezuela, Caracas IBC: −20.5%
🇬🇷 Greece, Athens General: −60.4%
🇲🇹 Malta, MSE Equity Price: −35.3%
🇨🇳 China, Shanghai Composite: −40.4%
🇮🇩 Indonesia, Jakarta Composite: −45.2%
🇮🇸 Iceland, OMX Iceland All-Share: −76.3%
🇫🇮 Finland, OMX Helsinki All-Share: −29.8%
🇩🇰 Denmark, OMX Copenhagen 20: −44.7%
🇧🇦 Bosnia and Herzegovina, SASX-10: −75.2%
🇧🇧 Barbados, BSE Composite: at least −34.5%
🇦🇪 UAE, Dubai Financial Market General: −28.8%
🇹🇹 Trinidad and Tobago, TTSE Composite: −34.5%
Absolutely wild.
Readers added context they thought people might want to know
Many of the listed declines are from all-time highs years/decades prior (e.g. Cyprus -94% from 2007), not recent peaks. No evidence supports at least 42 countries' main stock markets recently entering bear territory amid the tech selloff.
tradingeconomics.com/portugal/stock…
tradingeconomics.com/cyprus/stock-m…
tradingeconomics.com/japan/stock-ma…
cnbctv18.com/market/nikkei-…
bloomberg.com/news/articles/…
























