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XPRUSD trade ideas

XPRUSD !!As it has been doing for the past few months, the price channel that Bitcoin is trading inside is descending. When Bitcoin gets closer to the upper limit of this channel, which is around $70,000, the chance of another attempt to break through this level increases, but so does the chance of a drawback. The price action of Bitcoin has recently bounced off lower levels indicating strength according to the chart analysis but it is still stuck in this declining channel. Bitcoin will require a strong catalyst or considerable buying momentum to break above the upper trendline and launch a significant advance toward $70,000.
CRYPTO:XPRUSDShort
by FXBANkthe8055
XPRUSD View!!The broader digital currency ecosystem is recovering as the combined crypto market cap jumped by more than 2.35% to $2.04 trillion. Besides Bitcoin BTCUSD and Ethereum, among the major altcoin beneficiaries of this rally are XRP, Dogecoin DOGEUSD and Tron TRXUSD . With their rebound from weekly lows, the trio exhibits a defined correlation. XRP, DOGE and TRX correlation According to current market data, XRP has jumped by more than 1.5% in 24 hours to $0.5375. This has helped XRP pare off its weekly losses, which have now been trimmed down to 2.4%.
CRYPTO:XPRUSDShort
by FXBANkthe8055
Be Careful!!There are good people behind unimaginable developments right now. This chart does not represent that aspect of the industry. I rode the wave, and it was fun. But in my experience of opening wallets and bases and the volatility and THE FEES!!! Dear lord...the fees. Adaptation will be near impossible (and in order for these business models to succeed, my mother in law must be able to use it). The complexities behind some of these ideas are far to great for there to be a sudden worldwide acceptance. The bell curve of artificial intelligence comes to mind (euphoric stage). I don't care how much money is being poured into this - I, as a human, am not an institution. Institutions are pouring institutional money into areas where tadpoles are open to invest in. This could be the most wildly successful industry in the history of mankind, but I call DANGER! DANGER! DANGER! For the tadpoles, this is a "hobby" that basically plays right into bi-polar tendencies in order for it to stay afloat. As legitimate as everything very well may be, paired with well intended people, bad ones come around, too. Make a great enough experience for certain people while they are researching the firm to invest in, and the right people will be sold on a ghost of a product. With no regulatory oversight, we are in I call a "zero gravity risk zone". There is NO certainty for the average investor. It's possible, from my personal experience with all of this, I will look back and see that certain businesses, with all their intelligently collected data, took advantage of behavioral patterns and turned a profit. Although it may appear we have free will, we are a slave to our tendencies, and that's a business being exploited in a huge way right now. Regulatory risk is larger than Bitcoin, I'm sorry. The other side of me is rooting for crypto because it would be amazing to reduce these moat size gaps between what blockchain/crypto is capable of, and ease of use. I also kept a little crypto on the side. I can't help it, I trade both ways ;)
HITBTC:XPRUSD
by EvolveWM
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