CriptoItaTrade

Hey hey heeeey!!

Crypto market signs of weakness from the last weekend seems not ceasing.

During the week XRPUSD experienced a good jump up, but sellers were able to take again the upper hand pushing down like crazy to the local support (check the video below the XRP@ATH charts for more infos about local supports and resistances).

https://www.cinnamon.video/watch?v=257569166284817739

In a few days, maybe this week end we should experience the positive effects of the crossing of the 50MA with the 200MA also known as GOLDEN CROSS. The name speaks by itself the meaning. 😁

What I don’t like very much, is that at the same time BTCUSD broke down its up trending channel, few hours ago it retested it to go further down again. This means that we are most probably at a reversal point which could lead us to a bear time for some week: remote possibility still into play.

The MOST IMPORTANT THING is to see the price floating above the last significant weekly bottom (Dec. 18th).

That being said, how much will be our X FACTOR @ ATH today? Without further ado…Let’s go and check it!!

Basically, for every different crypto you’ll find on the chart to follow, I give as example a very low investment budget of 250$ and for each crypto you will see what is its value today (in the moment this article is published) in the first column called PRICE TODAY.

UNITS w/250$ column states how many units of that given crypto you’d purchase today at this price.

ATH column stats the value that that given crypto reached at its all time high price.

VALUE@ATH column is the worth of your invested 250$ of today IF that crypto touches again its ATH price.

X FACTOR column is just the times your investment is multiplied in the case mentioned above.

Now let’s go down to the XRP@ATH.

How to read the following chart:

- First column is your hypothetical investment of today.

- Second column is xrpusd price of today.

- Third column are the xrp’s units you’d purchase today with that given sum.

- Fourth column is the All Time High price of xrpusd pair.

- Fifth column is how many times you’d multiply that given sum you invested today WHEN and IF All Time High price is reached again.

- Sixth column is the value of your investment at the point of All Time High WHEN and IF it is touched again.

ROI@ATH and XRP@ATH are released every Monday and Friday so stay tuned!!

Prices are updated at 1.30pm CET.

Always remember that all of this, is done for educational purpose and is not to be taken as a financial advice.

SEE YOU ON MONDAY FOR THE UPDATED CHARTS!!

Have fun!!

Lancia☀️