Xrppoloniex
XRP breaking recent downtrendWe can see here that Ripple seems to be breaking the downtrend it has had for some time now, this could be an indication of an uptrend to come. We can also see that our 20W MA is about to cross our 50W MA, this is a golden cross and is a strong signal for an uptrend. If this cross ends up becoming reality coupled with this break in the recent trend we can see some nice rise ahead!
XRP on the riseI posted a chart earlier about XRP breaking the downtrend it was on. Since then we have had a golden cross between the MA's and a consolidation period followed by bullish confirmation in the blue box. (We also are hitting some support at this 0.26 level.) This gap-up post consolidation is a strong indicator of an uptrend to come and on top of the fact that we just had that golden cross. I think XRP will rise a lot this week.
Did my Vision become true?If you confused why the title like that, just read my ideas 2 days ago :)
As you can see, XRP give me big surprise today , suddenly after "die" for more than 1 month i can see there is exciting movement today. and maybe *just maybe) it will go inside long term triangle (range price 0.000119-0.00012). IF they choose to go inside that narrowing triangle , it will tes once again blue resistance which put their down in the past, maybe it will takes a time before decided to break that resistance.
But i believe they will broke that resistance
why i believe it will broke that resistance ?, As you can see it's narrowing long term triangle .
its just not just ordinary triangle , its super strong triangle . and if they broke that triangle i believe we ready to wave 3 on EW theory on ripple . Just reminds you wave 3 its much bigger thhan wave 1 or 5, so if you didn't take position . Take it now! :)
you can thank me later
donate : 18TTaRCjEqSZJ6dfZHXUTmddg6ACJJwNHr
note : if XRP started to run again, i will make analysis about another altcoin, because some people ask me to make analysis on some altcoin.
$XRP Ripple - Smashing skulls in - May 2017Time for the XRP market makers to come outside
with a baseball bat and smash in the skulls of new investors.
Remember, they are also able to make money by shorting the market.
If there's one thing stronger than greed, it's fear.
Right now we seem to hit distribution phase.