Based off the charts this is the fastest and highest interest rates have been raised= Disaster waiting to happen
History doesn't repeat but it often rhymes. Im expecting a major downtrend about to take place based off the charts and the global tensions that are arising currently. We can see other times the dollar has fallen around 40%. Let's see how this plays out also the MACD turned bearish.
Xrp has finally broken out back tested and used the 50 MA as support which has been the bullish case for all these crypto projects taking off one by one. Its Xrp's turn in the mix. The moment many have been waiting for
Visuals in the chart maybe we will have a similar breakout that occurred previously. Markets are rebounding
Xrp is looking strong holding the 30 cent range for months now, if we hit about 50 cents again this thing is taking off.
Hbar it seems we might have some bullish momentum happening breakout from structure and also breakout above the 20 MA, lets see how these next few weeks unfold.
XLM has a lot of potential to the upside, need to break this structure that has been forming for 2 years and break above the 20 MA. Good area to accumulate touching bottom of falling wedge.
As the saying goes history doesn't repeat but it often rhymes. It's becoming apparent that bitcoin did the exact same move it did prior in its chart representation. Good times ahead !
Looking on the weekly candle and trying to find the bottom, we can see in the past the 20 MA below the 100 MA marks the bottom for bitcoin. Interestingly enough this just took place. Is the bottom in, we will find out as the weeks progress on
Looking at the pairing between XRP and Bitcoin we can see this is close to getting launched XRP has been suppressed for too long.
XLM has a lot of potential down the road we have a similar structure that is taking place that occurred in 2018-2020. Info in chart, this alignment would be perfect for the iso launch in November 2022
After zooming out from the weekly candle to the 3 week candle found some interesting insights to the previous structure that took place over the last few years. Info is in the chart.
Xrp has dropped, as has the rest of the crypto market and there is a lot of bearish sentiment out there. But with crisis arises opportunity which has happened in the past many times over. Is this a great area to accumulate the charts says so. Good luck to all
Just a quick updated idea on bitcoin, looking at timeframes and MA to compare previous structures findings notated in graph
Everything is red right now and so is the top dog bitcoin. Looking in the past we can see a similar structure took place before the 2020 covid crash. After it broke below the 200 MA it did a quick wick down to almost hitting the 300 MA before coming back up to sitting on the 200 MA as acting support. Will we see this occur again or will we have more blood, the...
Xrp is in a perfect area to accumulate, what was once an area of resistance is now acting as support smart money is buying. This is going to take off and people will get priced out, especially with the launch of ISO in fall time. Good luck to all don't fall for the FUD they want you out
If your into meme coins this wouldn't be a bad area to start accumulating, sitting on support possible double bottom with breakout soon
The moment we have all been waiting for 1 year in the making. May looks like the bullish breakout month get ready for some price action