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XRP Predictions for December 2023 (Paid Version/Best Trades)

Updated: Nov 13, 2023



  • Month’s Theme: A rally into key resistance followed by a decline with consecutively lower spikes up on the way down. That’s crossed with a brief opportunity that’s easily missed followed by a decline through multiple support levels.


  • Behavior Around the High: Some downward trend toward the end of the month.


  • Behavior Around the Low: A crest that we’ll sell off from down to and through support and then we’ll do a U-shaped reversal below that support level. We’ll then come back up to reuse that support.


  • Exclusive Trade Opportunities for Subscribers:

    • A decline on the 8th offers an opportunity to open a long position. I’m advised to close that after a notable move to the upside on the 9th.

    • A move higher on the 9th offers an opportunity to open a short position. I’m advised to close that position on the 10th.

    • A peak or crest on the 23rd offers an opportunity to open a short position. You could close that on the 25th after a decline from the 24th into the 25th.

    • The decline on the 25th offers an opportunity to open a long position. I would close that at a significant high on the 27th.


Overview


On the 1st, we’ll most likely have a highest high. There are price swings on the 2nd. On the 3rd, there’s a sharp drop within a period of sideways rotation. On the 4th, there’s a prominent trough for the month at the beginning of the day. There’s a lot of price change to the downside into that trough. On the 5th, we’ll have three pokes through the same price level followed by a sharp drop after the third poke into a prominent trough for the month. On the 6th, there’s an important range highlighted on a multi-day scale. There’s a new high for the month at the top of the range. On the 7th, we may have another highest high with sideways rotation.


We’ll decline pretty notably on the 8th into a significant low thus far. That decline offers an opportunity to open a long position. On the 9th, there’s a move higher through key resistance followed by a notable decline that offers an opportunity to close that long position. You could also open a short position after the move higher and close it on the 10th. On the 10th, there’s a rally along a diagonal trend line with a fast, sudden move higher followed by a breakdown with increasing volatility on the way down. The lowest low is probably on the 9th or the 10th. On the 11th, there’s a prominent peak for the month in the midst of price change and sideways rotation. On the 12th, there’s a fake out/shake out. On the 13th, there’s a near overbought peak that we’ll sell off from pretty notably. We’ll decline into a trough midday on the 14th.


We’ll decline further into another trough on the 15th. There’s a big move to the upside out of that trough with increasing momentum moving into the 16th. On either the 16th or 17th, that rally will take us into a peak or crest. Around the cusp of the 16th/17th we’ll have a notable/sharp drop. On the 18th, there’s a trough early in the day followed by a big move higher where we’ll successfully turn resistance into new support. On the 19th, there’s another notable move lower around midday. On the 20th, there’s a move higher through key resistance that we’ll stay above briefly and then break back down shortly thereafter. On the 21st, there’s a prominent peak midday and a trough toward the end of the day.


On the 22nd, there’s a sideways-fluctuating rally that precedes a decline on a one-month scale. On the 23rd, there’s a big move higher into a peak or crest early in the day. That peak or crest offers an opportunity to open a short position. We’ll decline on the 24th. We’ll continue to decline into the 25th where you could close that short position. There’s a fast, sudden move higher ending that decline on the 25th or early on the 26th. On the 26th, there’s a significant price level that we’ll poke through momentarily toward the end of the day. We’ll likely see a highest high or a significant high on the 27th. I would close the long position there. We may decline from the 27th into the 28th. On the 28th, we’ll have a move to the upside that pushes the upper end of a range higher. On the 29th, there’s a near overbought peak that we’ll sell off from through multiple support levels. On the 30th, we’ll decline into a trough midday. On the 31st, there’s a sideways-fluctuating decline that precedes a rally. There’s an opportunity to open a partial long position there for a multi-day swing trade into January.

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