Legenden17

Legenden17

Retested 0.50 as support Expect this one to do well

Legenden17 Updated 

....chance of a big move is getting brighter. Xrp is boring, boring and boring. Almost no volatility. Every day we wake up the price is 42, 43 of wauw, 44cent today! In the last weeks/months we had a few times the same thing (green circles). After that there was always a large(r) move, mostly to the upside. Guess what the market right now is.. bullish. Prepare...

Legenden17

we on the brink of the breakout of this inverse h&s doesnt mean that we gonna break 65cent without any fight soon imo. first we have to overcome the smaller resistance lines and see what the rest of the market does.

Legenden17

Looking bullish AF. need to break the resistance line though.

Legenden17 Updated 

Right shoulder should be making in a few days.

Legenden17

Broke out the falling wedge, 2 times hertest on supports. Looking very very great for eth and other alts.

Legenden17

... on the 1 hour. Perfect touches on the lower line. upper resistance is around ~1.35

Legenden17

Then we will see a chart like this Lets hope :)

Legenden17

Back to 30 dollar asap:) Sym triangle forming.

Legenden17

When 11 dollar?

Legenden17

Btc dominance is looking bearish to me. So good news for alts. But its not a clear picture, we have a rejection so far of the smaller red trendline, but we hovering around the big weekly ascending support (?) line Time will tell.

Legenden17

XTZ is in a massive, massive channel since months. We are now on a point that we should bounce on the middle of this channel. In the past it was support, later became resistance. Lets see if it holds for now as support. Breakout of the channel would be instant moonshot for xtz but my opinion that has to take some more time.

Legenden17

Looks like we in a descending triangle. With the current market i have short term a slighty bearish view, because bitcoin can still drop lower to 40k or even 36k. In that case xrp will be dragged down too. Yea, we have to get the pain, even consolidating in the 40c range is a good thing if you asked me this 3 months ago. But for sure, xrp has to catch up with...

Legenden17

Based on fibonacci. We just hit the 0.5 fib. I believe we get a extended drop to 35600 to the 0.786fib.

Legenden17

Short term* We did a nice s/r flip (green linie) but we need to break the downwarding resistance line and close above to get some momentum to the upside.

Legenden17

Looking almost the same!

Legenden17

To be honest, xrp was holding his ground on 22 february. Some good rumours about the sec case were spread. Brother btc decides to take a shit after it and drew all altcoins with it. most of the altcoins needed a fresh correction to move on further. Whats now? 1. We wicked down to 0.37 c. The area of 0.36-0.38c was already made to support but we confirmed with...

Legenden17

Daily close above 0.57 and we are fine. WE just broke on the lower timeframes out of the downtrendline. One piece of good news, and this thing will fly. Never saw so much price suppression in a coin like this. Without the SEC case, we already would be at 2-3 dollar with no doubt. Green is een pretty strong resistance area. We need to overcome the little...