XRP/BTC and XRP/USDT are both showing signs of support and also signs that rapid expansion may be comming soon.
The BBW indicator is a tool that is used to indicate the range of the bollinger bands, a tight bollinger band means a high volatility move is likely to happen.
At the moment the BBW is at it's all time low. indicating that we might see a big move up ahead.
Also we can see large increases on the XRP/BTC longs on Bitfinex, this might indicate that market makers are building positions while keeping the price down
- XRP/USD finds itself on a suppotline dating back since mid 2017
- XRP/BTC finding support from 2 supportlines
- XRP/BTC longs are building rapidly
- XRP/BTC 4h shows bullish divergence
- XRP/BTC 4h bullish engulfing candle
- XRP/BTC STF shows ascending triangle
- XRP/BTC falling wedge
Read all the updates below for the full analysis and pictures
The BBW indicator is a tool that is used to indicate the range of the bollinger bands, a tight bollinger band means a high volatility move is likely to happen.
At the moment the BBW is at it's all time low. indicating that we might see a big move up ahead.
Also we can see large increases on the XRP/BTC longs on Bitfinex, this might indicate that market makers are building positions while keeping the price down
- XRP/USD finds itself on a suppotline dating back since mid 2017
- XRP/BTC finding support from 2 supportlines
- XRP/BTC longs are building rapidly
- XRP/BTC 4h shows bullish divergence
- XRP/BTC 4h bullish engulfing candle
- XRP/BTC STF shows ascending triangle
- XRP/BTC falling wedge
Read all the updates below for the full analysis and pictures
Note
XRP/BTC trendlines coliding at our exact price Note
XRP/BTC longs are stacking up big time, market makers preparing for a move? Note
XRP/BTC 4h bullish engulfing candle and bullish divergence Note
XRP/BTC STF ascending triangle Note
Falling wedge 
My ideas are not meant for trading advice, always do your own research. Always be prepared for bull and bear scenarios
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If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ
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.
My ideas are not meant for trading advice, always do your own research. Always be prepared for bull and bear scenarios
If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ
If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ
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.