Strong Volume on BTT suggests the bull run will continue.
XRP showing signs of a return to postive 200 period Simple Moving Average. This leads us to believe that we will see a new positive trend, not a 'bull run', but a steady move back toward the $0.50 range, for the first time in several months. We agree that this may not be a price ceiling but a considerable area to take profits from a long trade. #XLM #NEO #ADA...
A long squeeze on intra day trading patterns as price is held back by a counter trend line in the current trading range. A movement above this will give way to the outer counter trend line, whereby a break would lead to a push for market structure and the 1.618 fibonacci extension. Strong supporting trendline with 4 previous confirmed bounces.
Unfortunately, because of lacking experience of XRP investors panic selling cause a 50>% drop in XRP over the past week. Now that this correction has ended, exchanges are buying large amounts of XRP in order to full profits and potentially adding XRP to their roster. I expect that in the next 1-2 weeks significant volume will flood XRP again and carry it...
Many crypto posting similar plays.
A strange point for the XRP crypto, if things do not hold out around the .5-1$ region, we will likely see sideways markets for a long time, or a collapse. Lets use this chart as a milestone, see you in a few years! Good luck with your trading!
50SMA( A moving average respected by BTC price) showing signs of support, a daily close and hold above this should be a good indicator for an extension to new ATH.
Possibility for BTC to move back toward pre parabolic levels at 8000? What do you think?
Liquidity in the new year, will we see ethereum make gains to track XRP?
Here we can see a fib extension leading to price crica 5$. Really, if we achieve this XRP will have a 500bln market cap, welcome to the future.
Deep retracement into the 76.6 level with support holding on 4 occasions. Could be a large extension here.
Looks like a good supply zone here, not much else technically can be used here.