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Decentralizedfinance

XRP Daily Elliot Wave Always retraces after a big move, would love to see $0.22 - $0.17 one more time before 'The Great Reset'. I dont see price going any higher than $0.35 - $0.36 in this current wave (wave 3). The 4th wave would align for a great last chance to buy before we moon. We have broke a daily trendline around the $0.22 resistance which has yet to be retested, the fact that the TL was broke and smashed through resistance give it validity in my opinion. Also a trendline retest would align perfectly around the 0.786 & 0.90 retracement levels on the fibonacci from waves 2 - 3. I would also expect a market crash across the board for all markets when billary clinton goes to court on 9th Sep for those 600,000+ emails. Lets hope she gets locked up and we can get stocked up on XRP 🙏
BITFINEX:XRPUSD
by jakedubbz
5
SXP/BTC: Swipe Bullish Reversal Analysis 4H (Aug. 01)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Swipe, a De-Fi (Decentralized Finance) coin with huge potential upside. Analysis - To begin with, SXP has formed a falling wedge during a corrective trend, indicating a signal of bullish reversal - In doing so, it has formed a bullish divergence in which prices formed lower lows, and the Relative Strength Index (RSI) formed higher lows - Along with it, the Moving Average Convergence Divergence (MACD) also formed a golden cross, signaling a bullish reversal - However, the RSI is about to test its upper descending trend line resistance - Prices are currently testing the 0.382 Fibonacci retracement resistance, and SXP is having a hard time breaking and closing above - Moreover, prices are located under the Ichimoku Cloud resistance as well, which currently aligns with the 0.5 Fibonacci resistance - While the 20 Simple Moving Average (SMA) shows a potential reversal, looking to potentially form a golden cross with the 100 SMA, it is still trading below the longer moving averages What We Believe In summary, while SXP has a decently bullish technical setup, and can benefit from the fact that it's a De-Fi altcoin, we expect strong resistance between the 0.382 and 0.5 Fibonacci resistance zones. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
[DEFX] DeFi Breaking Bearish - Time for a retraceDecentralized Finance, the hot new projects making 5-10x in a matter of weeks. Will these 1000% gains be held over summer? It's only a matter of time before DeFI comes back to Earth, regardless of whether it will continue to be adopted by the crypto community. Exepct this DeFi Index to drop hard if Bitcoin breaks below key support levels. This will be top of the list of high risk markets to be dumped if the overall crypto market is to take a fall. Market value is now below the MA Ribbon and cloud on the Daily, RSI is close to bearish, and it's a long way back down to the 100 & 200 MAs, as well as the lower levels of fib retracement 0.236 - 0381. With parabolic moves come sharp corrections. It could take a while, but this market needs to cool down already. That said, if Bitcoin continues to consolidate for more weeks/months, expect higher levels of speculation.
DShort
by dragononcrypto