ROI@ATH May 1st
Hey hey heeeey!!
Did you like that pump?! SOOOO GOOOOD!!
It was a lot of time indeed we weren’t seeing some good green day for our basket case of cryptos!! 😝
Now….? For Btc our first good support sits at 7800$ while our HUGE RESISTANCE is the long term gigantic trend line established during this everlasting bear market around 10k – 10.5k.
I am really curious to see what will happen this halving time. All the crypto market is tracked by this EVENT which is about to take place in 10 days from now. 10 days to reach out 10k. Doesn’t it sounds good?
Despite this, there are supergood chances that we already reached our top for this mid term cycle just yesterday.
XRP too had a very good green week like we haven’t seen for some time. We literally crushed the weekly 21SMA (Yeĺlow line), testing the upper roof of the channel of mid term into play AND the 61.8 fib retracement (header image).
I know in this cases excitement brings FOMO into play too but please….if you have some liquidity to put in, this is NOT the right time to buy in.
May is going for sure to bring AT LEAST some retracement so don’t get trapped!!
That being said, how much will be our X FACTOR @ ATH today? Without further ado…Let’s go and check it!!
Thanks to my good friend Adam aka “The Aussie Ninja” i added another new entry : Hive.
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 4.25pm 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!!
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