Dangermousebanana

Dangermousebanana

The moment on which one of most famous Bitcoin promoters drops Bitcoin !! This date is probably not as casual as it seems ! Cycles point to a XRP bull run.... Maybe the time has come XRP arises as the new King !!

Dangermousebanana

Everything points towards 6th January 2020 !!

Dangermousebanana

On a weekly time frame XRP never broke down and has been trading inside the bullish descending wedge. Time points towards the 6th of January 2020 for a breakout !

Dangermousebanana

This could be a perfect buy now that Altseason will pick up soon !

Dangermousebanana Updated 

Price now back inside the wedge ! Backtest already occurred and resistance is now support again (green line). Bull flag forming right above green resistance. There is a positive divergence on the RSI that shows evidence of strength. Price traces a beautiful Adam & Eve pattern. Volume is strong also and confirms the picture. XRP bears may never see those 15 cents...

Dangermousebanana

On the XRP BTC pair, volume by price and positive divergence on the RSI suggest this may have been a double / triple bottom. We may never see lower prices again.... However, if we are quite confident on the XRP USD, we never know whether there will be new lows on the XRP BTC pair, once Bitcoin starts to rally again.

Dangermousebanana

In a previous post I said that 18 cts could be the bottom. Prices do not go always as low as bears call for !! Breakout occured already on the price. RSI could soon follow... Everything looking very encouraging !!

Dangermousebanana

Today XRP in USD terms hit an important trendline !! It is a backtest of the descending support. This could mark an important bottom. Will it be the final bottom ?

Dangermousebanana Updated 

For those who have missed the entry or for those who whish to grow their position in this stock, 2.50 USD seems a great entry point to me !! Volume is very high at this price, offering strong support. It is almost the bottom of the falling bullish wedge. Moreover it constitutes a 0.78 fibonacci retracement of the recent spike from 1.50 to 6.50 USD. A great opportunity !!

Dangermousebanana

The recent price action has been some kind of discourageing .... After hitting a temporary high in the high 6 USD the price has come back all the way down to around 2.50 loosing more that half of its value. The price has broken support after support, showing an apparently very weak behaviour ... On the other hand the price has been playing ping pong in a very...

Dangermousebanana

Looking good !! Rising after the HELL of a backtest with deep wick ! Now XRP off to the races after important breakout !!

Dangermousebanana Updated 

We are approaching a WEEKLY bullish MACD cross ! Volume by price showing we are in an area of strong support. May we get a false breakout of the bullish descending wedge to scare people and give up their valuable XRP right at the bottom ? Hold strong XRP army - we are getting close !!

Dangermousebanana Updated 

Pushing on the resistance on the top rail ... Could BSV make a break out attempt despite all the Craigh Wright negativity around it ??

Dangermousebanana Updated 

RSI looking good as well (parabolic curve showing strength).

Dangermousebanana Updated 

Following reverse symmetry we could bounce rapidely into the falling wedge top resistance and fall back to the recent break out around 4 USD. This could play out fast since volume becomes thinner above 4 to 5 USD. After falling back to the base of the (yellow) wedge we could go up for the real break out (above 13 USD). Thing could start getting REALLY interesting...

Dangermousebanana Updated 

Break out from descending wedge and indicators looking great for FTM. Volume confirmation !

Dangermousebanana

The party is on for MoneyGram International !!! We have entered the thin (volume) zone - little resistance on the upside ! The following days weeks and months could be spectacular !! MGI will be implementing XRP in the 4th quarter - does Wall Street know or smell something ??

Dangermousebanana

I could be wrong ... I have been wrong many times ... but I think we are done ! XRP is going only marginally lower ! Bullish divergence on RSI MACD cross coming soon on the weekly Not there yet but ...