DRIP Selloff and Support for Jan4, 2022 Manor Farm Catalyst

On the 12-hour time frame, DRIP has sold off to the Keltner channel. There appears to still be more negative momentum, so I expect the sell-off to continue. We need to step out to a larger time frame to look at other levels of support.

With an upcoming Manor Farm catalyst, we are seeing a bit of a DRIP selloff, possibly from people selling DRIP for BUSD to buy the Farm’s native REV token today at 11 a.m. EST.

Or, could just be taking profits … who knows!

Just wanted to do a quick article to share my observations the past few days and today.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Ryan

Ryan

Insider Tips & Resources for passive income w/ focus on trading, crypto, and affiliate marketing. Top Writer on Medium.com for Investing and Finance