So, low volume and a huge bearish triangle. On long term im bullish, very bullish, but BTC needs a flash crash to trigger big buyers. Why is 5700 such an important support? it would coincide with a long term BTC support dating back to 2010 and its approximately where we have had most successful bounces. References: Also this date is where the 51 days cycle...
Worse case scenario 7.5 If we break upper line, its bull season.
Zoomed in, where are me at. The longer the price remains stable to more bullish pressure. Time frame wise, first week of November ETC should break out.
Buy zone in green box. ETC coming in strong with new technologies released. coinmarketcal.com Bye bye IOTA
The down trends of BTC are slowing down, we might be getting into the last one (±7800), my target for this one is ±(5500) and it might be at the end of August that we see this coin bounce for the las time.
With the "Trump wars", and the parabolic growth this stock presents, it would be natural to have a gigantic drop of at least 40%, just for correction purposes. RSI is highly over bought in the Monthly charts. Short at 70.5 close position at ±45 SL: 72.5
I think many are waiting for this drop to 0.55 level, if we see BTCUSD charts we can see that 7100 price range is a huge support. this could be the end of the bear market. As long as prices go slowly down its a good sign, this means there are lots of observers waiting for the right time to come in. XRP will possible reach 1$ by the end of the June 2018.
We are seeing trend reversal, the coins are oversold, too much expectation in short position. HODLrs will not sell any more and whales are waiting for the right price at any moment we see signs of uprising.
I believe in XRP, and it will be back to its ATH at some point, but will it be end of February? most probably yes. XRP is currently #3 coin with most volume and it became popular in days. This popularity might make people greedy enough to remember XRP as a good chance for money. Patience with XRP and HODL!