Main trend. Logarithmic chart. Timeframe 1 month. Channel. Triangle. This time frame to understand the direction of the trend and where the area to trade is now. Found the chart with the longest trading history, which displays the main trend. Coinmarketcap: XRP Same parameters, but on a line chart.
Supply zone = RESISTANCE Demand zone = SUPPORT Ideally you would like to see the previous resistance become the new support. If that support breaks, it is back to being a resistance and the PRIOR supply zone/resistance should be watched for a possible support/bounce. Short term bias - Sideways trading, bearish. Thank you for watching Evelyn
Due to the fact that the dominance of Bitcoin is reduced. and bitcoin itself in lateral movement will be at least a week. this is a good chance for adolescent altcoins
The price is in Range. There will be a great buy entry when the price will break it and will fix above $0.3416 Goals: 0.40 and 0.46
#XRP $XRP/USD #ripple - daily zoom out Range .25 - .79 mean .46 resistance test at 35 to break trend line and confirm low volume VOL ATR - Short RSI indicates momentum building BTC PA sentiment uncertain next test resistance test up ~ 35 and then .46 support at .28 and .25 Long term LONG idea If my charts are helping, please consider using my binance...
XRP looking to close above $0.57 resistance (Green Box) if so $0.65 could be in our reach for sure..
entry 0.20 cent. out just woow... all trend angles are 45. its perfect. DYOR!!