Was the higher high last november the compleancy fase? 2017 we had a lower high, with the compleancy. Could be true that was the higher high last year. If that its true, we almost done with de cyclus, only 1 real capitulation left (after a relief rally). 1-2 year of accumulation around 25-30k levels before the next run.
Look at the similarities. Gonna pick up a little bag of filecoin. Coin is in a heavy depression right now.
XRP is currenty testing the macro 2021/2022 lows at ~ 0.60 cents. With the lower highs its no due or die time. Macro close under 0.60 or weekly under 0.58 will make a panic push to the 0.30 zone imo. So far so good, buying XRP now could the the play of 2022, at least you are not buying the top Wil analyse this price action for the coming weeks.
ABC Correction on the 0.702 fib C leg to the 0.70 Support Declining price and upcomming RSI = Bullish sign. Lets see where we can get the reversal. 68-70c is a strong support in the past months.
One thing that worry me is that we are compressing above the same moving average as in 2018 Yea, 2019/2020 it bounced from it, but keep in mind that % wise we still can fall another 50%~ Just to keep in mind, not giving this the highest probability still.
Vertcoin had a nice pump over the last days. Consolidating for months/years already in a wedge. Last time we did a x350 breakout from the wedge (left side) 0.75 and 1.63 are key levels to break. after that its only the retracementlevels at 9 dollar (long way to go from here still) What u think?
Ascending triangle is coiling up. 0.85-0.90 got rejected but the ascending line did held beautiful as support. We can coil a little bit more in april in this triangle, but the breakout is imminent! Volume profile is also conforming this (descending volume) Targets: 1.01 1.20 1.39 1.54 (0.702 fib) 1.95 (last high) ATH's and further.
Looking for a retest on the 0.018 support~ Wedge consolidation = bullish. First signs of a reversal are here.
Compression against the 0.85 - 0.90 resistance, coiling up. Expecting a big candle anytime soon to go 1.20 at least! Letsgo XRP!
What if.... Xrp is in a monthly channel ? 3 touches lower 2 touches upper upper touch would be around 350 dollar. Not financial advice, just the lower trendline is already an extra conformation that we have to see macro upside from here Monthly: bullish Weekly: no close under 0.52 -> macro bullish Letsgo?
If we break out of this trendline, only resistance left is at the red line. First signs of a reversal in sight, lets go!
Triangle goes in to the spring somewhere, Normaly on 70%~ on the apex of the triangle, the breakout occurs. we are at the 70% mark My expectation is that once we clear 1 dollar, there is little much as resistance left. only 1.54 (0.702 fib) but others than that, new ATH.
And retested it. Beautiful price action, 140-145 has to hold to move further. 200+ incomming? Privacy coins are hot now.
Triangle is until ~ half april Very long consolidation, USDT pair is also bottoming out USDT pair > no weekly close under 0.58 and we are fine. Lets root for the big pump. almost everyone is silent now about XRP.
With the recent pump, its looking that XRP bounced clearly from the 0.60 support level, wich is very important. 1.01 and 1.51 last levels to defence, after that i dont expect that much resistance until ATH at 3.3 dollar. targets for me 9-13 dollar (fib extensions) last times we did a few weeks quick pump to these levels, can history repeat again or will xrp be...
Boring, sideways, dump, red day XRP is like your girlfriend in her period for almost a year No worries, once this consolidation ends, and most people already forget about xrp, it will shine again Hodl, Stack, we will get the breakout to 9-12 dollar sooner than later.
BTC can get a nasty weekly close, we lose the last weekly low. No ath for btc for now, altseason still in play if we make the retrace
Same price action, looking for a liquidity wick towards the 40's regions, and after a short squeeze to left the bears behind. Whats your opinion?