When I first started buying into crypto, I had done research on the projects, but I had no price range in mind, in which I would buy in. Fortunately for me I got into crypto in the end of Juny - beginning July, where the prices of many cryptoassests where luckily cheaper than in the months to follow. 

For example I did not know that XRP 0.17$ was a good deal and it was just luck that I bought into that.

While I still hold my reasons to invest in XRP and ADA, two of my favourite altcoins, I think that getting them as cheap as possible, does no harm. So I began studying trading indicators just to get the idea, how the prices change; when do they change; and possibly why they change at all.

If you read any of my last posts, I was expecting the prices to drop significantly in the near-medium future. And with the current drops, I would see they dropping further.

XRP analysis: I am waiting for prices to drop in the range 0.19$-0.21$. Of course I am happy if they would drop even lower, but there I have my first buy in.

In the picture below, the purple rectangle is my first buy in zone, because just see how many weeks the price was on that range 1 black bar = 1 week (this is the weekly timeframe). 

I certainly hope for it to go lower and lower, potentially around 0.15$ in a stock market crash scenario. Even though there is correlation between the stock market and crypto market, I have the feeling that crypto is going to do much better than its counterpart. This time because digital assets are being regulated or at least more regulated than last bull run of crypto. And the news with Fintechs and Banks developing CBDC and crossborder payments ect. digital assets have really a utility place in the world. 

Bonus thought: I have the feeling that that BTC running up when everything is going down at the moment is kinda fishy. Even more fishy when you consider that 60-70% of mining power of BTC is in China.

Disclaimer: These are my thoughts and speculation. It is just another point of view.