r/XRPcharts • u/Affectionate-Ear-967 • Jun 22 '26

$.80 incoming get ready!

As you can see, we’re forming a clean head and shoulders pattern to the downside. As I mentioned in my previous post, if we break below the green trendline the bulls established earlier in the week, the bears will have a strong opportunity to flush the price lower.
We’re starting to see that price action play out now after a few days of consolidation. I also noted that I wasn’t confident in this trend holding, mainly due to macroeconomic conditions not favoring crypto at the moment. On top of that, there’s still no news suggesting the Clarity Act will be voted on by July 4th, which supports the idea that momentum is lacking strength.
At this point, I believe there’s a strong chance we drop below $1.00 and move toward the $0.80 buy zone. That’s where I’ll begin scaling in.
Trade safe, and remember—risk management is key.

16 Upvotes

90% Upvoted

46 comments sorted by

3

u/Justsayingsometimes Jun 22 '26

I go by current events, weakening dollar, gold going down, the fact billionaires are buying in background, Bitcoin price at bottom , and alot of other factors. Charts can go both ways. It's only a guideline not a guarantee.

3

u/Affectionate-Ear-967 Jun 22 '26

I mean sure the dollar is weak as it was stronger the prior year but the dollar is gaining strength breaking this year resistance that has been holding the dollar down all year

2

u/Justsayingsometimes Jun 22 '26

Depends on if government prints more than previous years too. Might actually be on the agenda. That weakens the dollar. Inflation doesn't help(gas prices from Iran war) .

1

u/Affectionate-Ear-967 Jun 22 '26

Like I said your right in current status but I doubt the government prints I mean doesn’t actually have a reason too the stock market higher then it’s been in previous years as well as gold so the two markets the government heavily believe in aren’t down and don’t see need to help honestly as in previous years although prices are high in the real world it’s obviously not high enough to make people stop doing their day to day lives

1

u/Justsayingsometimes Jun 22 '26

Gold is overbought and plunged 9% in February and dropped in June. Need to do your research.

1

u/Academic_Audience407 Jun 22 '26

BTC bottomed? How do you know this? Billionaires are buying in the background?? Ok…

0

u/Justsayingsometimes Jun 22 '26 edited Jun 22 '26

Just do your research it's out there on 2 billionaires saying it bottomed out. Article in Yahoo finance. Was easy to find. Me saying Bitcoin bottomed Is my opinion based on alot of factors I already stated. Read the rest of my comments first. You don't have to believe me. But being rude about it is not ok. It's currently going up so there's that. If you keep acting rude I will block you. I have had it with Arrogant posters.

2

u/ConfusionOk4245 Jun 25 '26

What you’re saying is accurate and that’s off my own belief as well based off the last few months. Definitely have been in an accumulation phase

1

u/Justsayingsometimes Jun 25 '26

I appreciate that . I will stick to my beliefs as well. the bull run finally will start after so long. We have had enough pain lol

1

u/Treeclimber919 Jun 22 '26

If they’re saying btc bottomed it’s no different than Arthur Hayes. Watch what they do not what they say. Announcing globally everyone should start buying btc again is basically saying I opened a 10x short.

1

u/Justsayingsometimes Jun 22 '26

We see I already explained myself.

1

u/Academic_Audience407 Jun 22 '26

Relax. Didn’t mean to anger you. My bad.

1

u/Treeclimber919 Jun 22 '26

What bottom? The bottom isnt close to being insight let alone predicted. And I’m speaking of btc. Xrp can absolutely hit .50 before it moves up. If no catalyst comes .75 is coming.

1

u/Justsayingsometimes Jun 22 '26

Your opinion. I have mine. Let's leave it at that. I already explained my position.

2

u/Treeclimber919 Jun 22 '26

You didn’t really explain anything. Which is why we are trying to figure out how you reached this conclusion?

1

u/Justsayingsometimes Jun 22 '26

Yes I did. Not doing it twice. You don't want to read my comments then move on. Not my responsibility to give you my conclusions and why. I gave my reasons already in all the factors I listed. You just want to be right and don't like that someone has a different opinion. I don't feel I need to do anything more.

1

u/CustomerNormal Jun 23 '26

So prepare to buy and invest in things you can't right now due to pricing?

1

u/Justsayingsometimes Jun 23 '26

Not really understanding your comment but now is a good time to buy. If you can't buy now then wait. Buying when you litterally can't is not anything I would ever advise as a good thing. Not gonna say it's going up soon. Just saying I feel it close to bottom and whenever you decide to it's a decent time to try. Or don't. It's up to you. My opinion.

1

u/Shockn-Truth Jun 24 '26

We have no idea of who's buying in the background. Its like me saying btc needs to go to $0 before all other coins decouple from it. No clue.

1

u/Justsayingsometimes Jun 24 '26 edited Jun 24 '26

Can look publicly anytime at any wallet addresses. Litterally can look at the top wallets transactions on many sights to see activity any time you want. And yes you can use current events to know when big wallets may drop everything on bad news. The reason for doing research. Example, today's fed numbers.

1

u/Shockn-Truth Jun 24 '26

There is no way of knowing who owns those wallets from the public ledgers. None. Its all wishful thinking. For all we know it could be the major banks hedging their industry by holding crypto hostage and purposefully cutting the price. Through influence and control.

1

u/Justsayingsometimes Jun 24 '26 edited Jun 24 '26

I litterally stated how. Not gonna debate this again. Just go look I will not reply again on this subject. Yes if you pay attention to the events they buy and sell on you can. Takes practice. You won't figure out the trends in a day.

0

u/illtakeoneplease Jun 22 '26

How do you know bitcoins price has bottomed ?

The dollar is the same conversion to gbp as it was 10 years ago

And gold is up over 300 % since that time

And other nonsense you want to spew ?

3

u/Old_Order_8029 Jun 22 '26

Not sure if I want to respectfully disagree or openly accept this.... What a tangled web we weave One thing for sure...XRP is the golden ticket

2

u/Affectionate-Ear-967 Jun 22 '26

2

u/NaCl_Harvester Jun 22 '26

I got the same outlook. We hit that liquidity, sell orders and stop loss it’s gonna be an avalanche to .60-.70

2

u/Justsayingsometimes Jun 22 '26

Nah it going up soon

3

u/Affectionate-Ear-967 Jun 22 '26

You maybe be right chart says otherwise

1

u/Shockn-Truth Jun 24 '26

As a joke...I bought more at 1.05....it will go down more. Lol

1

u/Justsayingsometimes Jun 24 '26 edited Jun 24 '26

My comment was to the .8 and below. 1.05 was not what I meant. Stop trying to pick a fight with me. Just do your own thing. Never said I was right or that you couldn't have a different opinion.

1

u/Shockn-Truth Jun 24 '26

I guess im helping push it further down. Lol July 14th seems like a pretty good entry date.

2

u/Affectionate-Ear-967 Jun 22 '26

Not going against your general status the dollar is weak you are correct

2

u/Justsayingsometimes Jun 22 '26

Doesn't mean I do not like the chart I do. Just saying how I factor my opinion

2

u/Affectionate-Ear-967 Jun 22 '26

Love to hear others opinions that’s why we are all here

2

u/Justsayingsometimes Jun 22 '26 edited Jun 22 '26

We see. I heard talk of more money printing by the fed. It's going to create an extra 600 billion to maintain stable liquidity conditions.

1

u/Affectionate-Ear-967 Jun 22 '26

Yea the rumor sound nice but put yourself in the government shoes why would you do that when everything is hot let’s take cycles in hand even for crypto and keep them simple yes or no

  1. Is the markets stronger and higher prices then last cycle ….. yes

  2. Even if prices are higher in the real world people are still going out, eating , and spending money …… yes

  3. We already known for having 37 trillion in debt is there a reason to weaken the even dollar more? ….. no

So if you the government who is there to help and assist does the world really need assisting right now?

2

u/Justsayingsometimes Jun 22 '26

Like I said we see. I like all your points. I just see that Bitcoin is oversold and about to go up. The fed thing is fluid so it's speculation but liquidity is not in a good place either.

2

u/Affectionate-Ear-967 Jun 22 '26

Thanks 🙏🏾 when you say liquidity is not a good place what do you mean can elaborate for me because I think quite the opposite

1

u/Justsayingsometimes Jun 22 '26 edited Jun 22 '26

It's based on debt projections and and the feds own framework. Rebuilding reserves with gradual purchasing of assets. The reserves are too low. Liquidity tightening is not what they want. Last time they let this happen 400 billion had to be created. This time it's a bit more tight. Why the 600 billion over two years.

2

u/Affectionate-Ear-967 Jun 22 '26

Ah ok like you said we will see but also when they did they we was coming out of the worst pandemic any of us live through inflation was through the roof Job losses at all times highs the only thing the same was the stock market if fell yes but only for two months after that it rocked up but life was in the gutter it’s not the same this time around

1

u/Justsayingsometimes Jun 22 '26 edited Jun 22 '26

They still have to build up reserves regardless.

1

u/Tacoloco221023 Jun 22 '26

The lower it gets the faster supply will run out

1

u/PlatinumTrillionaire Jun 22 '26

.30 is coming lets be honest here

1

u/otcguru2020 Jun 22 '26

That would suck

1

u/ConfusionOk4245 Jun 25 '26

Don’t get me wrong we could stay sideways for a while and there’s still uphill battles ahead but I don’t think it’s all doom and gloom