Long | FLRNYSE:FLR
Possible Scenario: LONG
Evidence: Price Action
TP1~ 23.5$.
Call options, Strike 25$, 07/16/21
* This is my idea and could be wrong 1005
FLR
XFLR(SPARK)/USDTFinally $XFLR get New All Time High on Poloniex !!
I am sure that $FLR will become a diamond. I'll never sell it until it's $5.
Flare finance will be a typhoon in the crypto market.
XRP possible short-term downtrend?XRP took a slight hit today, and is now making a recovery. Hopefully this is the end.....BUT if its not....
Next price we should be pushing up to should be the $1.48 area where the next resistance will be.
If we drop back down again once hitting the $1.48 area, then we will be heading down again to the 50% fib, or even the 61.8% (marked with yellow arrows) fib over the next day or two!
Rebuy at the 50% fib ($1.27) and if we drop lower, then rebuy at the 61.8% fib ($1.18)
Hopefully we dont get that low, but be ready for a bit of turbulance over the next day or two.
XRP's next run up targets takes us closer to All Time Highs!XRP's next 3 targets are $1.96, $2.63, and if we are really lucky, then we may see $3.72 on this next run up.
The TSI indicator is waiting for a crossover, and we are above the zero line, YET we are pumping, so imagine the prices when the TSi decides to cross up. It will be a crazy pump imo, and we will easily surpass the all time high with ease.
Hodl strong as XRP is close to hitting ATH's very soon!!! It's always the last to pump, but will pump the hardest!
XFLR New ATH Coming?Potential for new ATH for XFLR in coming months.
Flare Networks and Flare Finance ready to go live June/July.
Could be quick move to 0.40’s due to thin order book as discussed before.
XRP & XFLRToo much confusion over this XFLR (Poloniex) and FLR (Bitrue)
Let's finally clear this all up...
Flare Networks launches this quarter (very soon)
Their token is the Spark Token (FLR)
FLR tokens will be distributed (15% of total) as soon as the Flare Network launches. (~3% per month after that until 100%)
An airdrop was done in December, owners of XRP gained 1.0073 FLR tokens for each XRP they held in the necessary accounts.
XRP owners have itchy trigger fingers and wanted to trade FLR tokens even though none have been handed out yet.
Poloniex and Bitrue said, hey how about we give you "IOU's" to trade now, then when the actual FLR tokens are handed out we will give you 1 REAL FLR token for each 1 IOU token you own.
Now this is where people are confused.
(The too long but still read:
Spend $190 on Bitrue to get 100 real FLR (Total value of $190)
Spend $220 on Poloniex to get 100 real FLR and still have 567 XFLR leftover (Total value of $377.11))
Pay attention.
Bitrue said, we will only be getting 15% of the total FLR tokens at launch. So if you had 100 XRP you would get 15% of that (multiplied by 1.0073 technically, but let's just go with 1:1 for now) at launch.
Bitrue then handed out IOU's like this:
100 XRP = 15 FLR(IOU)
Poloniex said, we will give you 100% of the total FLR tokens at launch. So if you had 100 XRP you would get 15% of that at launch, then ~3% per month until you hit 100% of what's owed to you.
Poloniex then handed out IOU's like this:
100 XRP = 100 XFLR(IOU)
These IOU's are convertible into real FLR (spark) tokens after Flare Networks goes live.
Here is the next part where people get confused.
PAY CLOSER ATTENTION
(Pricing at time of writing) (**assume real FLR is the same price as FLR(IOU) from Bitrue, but could be anything really)
Buy 100 FLR(IOU) on Bitrue at $1.90
When Flare goes live, get 100 real FLR tokens
Every FLR(IOU) is converted to real FLR.
You now have 0 FLR(IOU) and have 100 real FLR.
Total Cost: $190
Total Value: FLR(IOU) + real FLR = 0 + $190 = $190
Congratulations you now own 100 real FLR and it only cost you $190.
Buy 100 XFLR(IOU) on Poloniex at $0.33
When Flare goes live, get 15 real FLR tokens (15% of the XFLR you own)
15% of XFLR(IOU) is converted to real FLR.
You now have 85 XFLR(IOU) and have 15 real FLR.
Total Cost: $33
Total Value: XFLR(IOU) (85) + real FLR (15) = $28.05 + $28.50 = $56.55
Congratulations you now own 15 real FLR and still have 85 XFLR and it only cost you $33.
Each month ~3% of the remaining XFLR will convert to real FLR until you have 0 XFLR remaining.
After 3-4 years, you have 100 FLR just like Bitrue.
Bitrue it cost you $190 for the convenience of getting it all at once
Poloniex it cost you $33 but you had to wait to get 100% of the real FLR
That's quite the premium you paid
So let's put it this way
You read all this and think, of course, I want it all at once and I'll pay the premium, screw waiting 3-4 years. I want 100 real FLR in my account as soon as the Flare Network launches.
Buy $220 of XFLR on Poloniex.
Get 667 XFLR
When the network launches, get 15% of 667, 100 real FLR tokens.
Have 567 XFLR left over that will give you ~3% more real FLR tokens per month until you have 667 real FLR tokens in 3-4 years.
Total Value = (567 x 0.33) + (100 x 1.90) = $377.11
Spend $190 on Bitrue to get 100 real FLR (Total value of $190)
Spend $220 on Poloniex to get 100 real FLR and still have 567 XFLR leftover (Total value of $377.11)
#easymoney
XRP Fib Channel UpdateXRP continues to track this channel.
Pretty amazing really.
$2.36 is a number that has been coming up a lot in my personal analysis.
$2-$2.36 should provide heavy resistance.
Do we then retest $0.77-$1.00?
Or do we break an ATH?
Does XFLR continue it’s upward climb on Poloniex to match FLR on Bitrue before Flare Networks goes live?
#hmmmmm
XRP AlternativeBack in November 2020, we had a large rise followed by a pennant, followed by another large rise.
Previously I saw a consolidation forming, but now I’m thinking we’re like the Cubs and hunting for a pennant.
Closing triangle closes in the next 12 hours so we should have an answer soon.
Either a move down towards $1.225 to continue consolidation.
Or, a swift break past $1.54 and towards $1.90
XFLR on Poloniex should follow suit
#worldseriesafterpennant
#pennantisaweirdwordifyousayittoomanytimes
XRP Weekly ConsolidationXRP has just had a parabolic rise followed by a break of that parabola and setting of new high.
XRP will consolidate over the next days/week.
As before, expect a 7 wave down, followed by an ABC pattern.
A double retest will mark the start of the next parabolic rise.
The prices and timing of this graph should be close enough.
(Peak of Parabola should be higher, I just didn’t want to stretch this pattern for clarity sake)
My buddy Super Dave from the future didn’t give me a better picture this time around (jerk)
Expect this master pattern to continue until say we hit $2.36?
While this consolidates I’ll be shifting my focus to XFLR on Poloniex.
#noeasternpromises
#blamedaveifwrong
XFLR Continues With FractalXFLR has tracked almost perfectly the previous fractal upwards.
Potential for 3 trendline hits.
All show great potential.
XFLR must catch up with XRP.
Only a matter of time before people catch on.
Flare Networks is to go live this Quarter...
#justsayin
XRP Yearly Bull Run?The Fib Channel hit again today to stop the rally (for now)
Eventually expect a pull back below $1.
Maybe this Fib Channel is the answer to this years Bull Run?
XFLR has also seen big gains.
I expect XFLR to rally as profit taking from XRP funnels into XFLR (Poloniex)
FLR (Spark token) should be launching this quarter with Flare Networks.
Exciting time to see XRP enter DeFi.
XRP PotentialI had seen a pullback before moving to a potential $1.54.
Clearing $1.40 would signal this potential.
XFLR on Poloniex is another to keep an eye on as XRP gets moving.
#bringontwobucks
XRP Fib Channel*VERY INTERESTING*
So now that Super Dave came from the future and gave me all the price action over the last couple of days, I’ve had some time on my hands.
Take a Fib channel and link the two previous lows over the past year or so.
Then as the 0 level, link the low ascending channel trendline.
This is kinda crazy...
1.618 level is were things started to take hold. (Also marks previous local low)
People need to investigate this further.
Send it to all the hotshots on this site so they can figure out whats going on...
#waysmarterpeoplethanmecanprojectfromthis
#waytoolonghashtagsarejustnotcool
XFLR Launch WindowExpect XFLR to play catch up in the coming 3 days.
Once people catch on to how undervalued this is... look out
XRP Launch TimeframeEveryone wants to know timing (as do I)
We are in the window that actually started two days ago.
14 days left.
At some point in the coming 14 days (could be tomorrow, maybe 10 days..) XRP will either explode to 0.75/0.93
Or
Tank down to the 0.55 region...
Come back on April 18th and I’ll let you know what happened.
XFLR Ready To Play Catch-upAgain, VERY thin order book.
Only a matter of time before people catch on that XRP skyrocketing means FLR spark token needs to increase as well.
XFLR is transferred to FLR and is undervalued.
One big trade can push this to 0.5050 very quickly.
#dontmisstheboat
#getinwhileyoucan
FLR/USDTI am sure this analysis will become a legend . .
I am sure that $XRP and $FLR will give you financial freedom.
XFLR 0.382 Fib RetraceAs before, we have retraced to a 0.382 Fib level.
This should mark a bottom, however, we may still hit the 0.176 area.
Expect a flattening out from here until we hit that trend channel and explode upwards again.
At this level we may see it in the next 4-10 days.
XRP Condensing Structure TargetsAs per the previous post, XRP came up to hit one of the trendlines.
0.60 mark is the next big target.
Once XRP clears the uppermost line...
#lookout
