Ripple double top forming on the 1 daySELLL SELL SELL
no use case, banks dont want it. koreans are gonna panic sell .
Bankcoin
Bank Coins and the Usecase for Decentralised Cryptousdc is a goldman sachs coin, what more do you need to know?
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Ether range bound - Fully moon to send us higher?ether appears to have its strongest uptrends starting roughly at full moon (dark) and going to new moon (white)... at least during bullish legs....
the blue channel is home for now. watch for a potential retrace if we hit the upper blue line (log scale chart so could be well over 300. 100 dma (pink line) offers support after that.
hard resistance at the red line..
RSI just WONT STOP
Ripple USD bouncing off support? Will new moon end the pain?Will Ripple USD breakout off this bounce?
If we cant hold, look for support at the 50%, 62% and bottom of the black channel.. strong support around 10-18 cents
Maybe the new moon will end the downtrend
XRP bitcoin ratio forming pennant / stegosaurus top?Ripple is forming a nice red pennant
A breakout to the upside will find ripple breaching lines 2 and 3 and the 23% fib retracement. Hard resistance at line 1
A breakdown through the bottom of the red pennant (also supported by the stegosaurus top formation) would immediately test the 100 day MA and 50% retracement.. hard support at line 8 and likely the 76% retracement
Watch for RSI direction and stochastic embedding.
Ripple breaks out of triangleRipple recently broke out of a triangle formation and breached through the 50 and 38% retracements along with long term support lines V and W.
We met resistance at diagonal line 0 and are currently building support at line W
I suspect we build some support between lines W, X and the 38% retracement, as we continue to test diagonal line 0 in zone 2
Ripple breakout above pennant, 100 day MA and long term supportRipple recently broke out above a blue pennant and its 100 day moving average (pink line),forming support at line U . If it manages to break up into zone 2 I think we see hard resistance at line 0. I've taken profit with ripple so personally Im holding and watching for other entries (perhaps in zones 4 and 5). The 100 day MA also moved above its previous high, which is a bullish signal. All in all, a lot of room for ripple to run between diagonal lines 1 and 0. Watch the RSI closely to see if XRP can continue this run. If we lose momentum we will likely see support build between green support line U and the 62% retracement. Consider taking profit now if you haven't already. Those who are building longer term positions, keep accumulating on dips.
