As I said in a previous analysis. XRP is showing strange accumulation behavior.
Map of xrpbtc. You know I like to monitor this coin as it is often a great indicator of the market
Very short term wave count analysis show further downside, but most other technicals show an uptrend coming, and definitely a huge uptrend in the long term (over months, maybe more).
All of these evidences and the obvious decision triangle makes us think that it is time to set your alarms.
Indications on the chart.
Time analysis tells us that this sideways cycle against bitcoin is likely to end within 15-21 days to start a new durable multi months cycle
Previous analysis hidden because of breaking House rules (mentioning a social media)
Analysis before that :
Stay frosty
Map of xrpbtc. You know I like to monitor this coin as it is often a great indicator of the market
Very short term wave count analysis show further downside, but most other technicals show an uptrend coming, and definitely a huge uptrend in the long term (over months, maybe more).
All of these evidences and the obvious decision triangle makes us think that it is time to set your alarms.
Indications on the chart.
Time analysis tells us that this sideways cycle against bitcoin is likely to end within 15-21 days to start a new durable multi months cycle
Previous analysis hidden because of breaking House rules (mentioning a social media)
Analysis before that :
Stay frosty
Note
First target almost reached, but bitcoin is near threshold and could drop any moment after probably a final squeezeTrade closed: target reached
Target 1 reachedTrade active
Old idea, might make a new public one. But just to signal that with 0.0007200 (the red box), we triggered a Weekly extremly strong supportTrade active
Rebounded 10% from the weekly support of last update, then drifted downNow, at the second area, 0.000055 it rebounded 10% once more
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.