here is next challenge to close above that blue line and hold it for week.
Daily death cross just came into play... Been ages since XRP had to fight this. But we are down at the tip of the triangle and all the trends will be crossing here, so there are a lot of confused signals. What we are looking for is for this support zone to hold. BTC is resuming is down ward channel over the next few days / week. Look for some support from BTC as...
BTC in orange.. for those not seeing this. Notice the correlation at this point. BTC is on the verge of 8k vs 14k.... also note the XRPUSD vs XRPBTC charts have inverse percentages when BTC dives.... the squeeeez is real.
Clearance is granted. The inverse XRPBTC chart still is playing volumes here (double bottom there right now). But the bulls really have the upper hand in BTC at the moment. Why thats important is a lot of the XRP pump come from BTC, at the moment. That will change as these new corridors start flowing real volume, but thats still 3/4 months away at very...
This a'int no rant like my last chart. HO-THE-DOOR, it coming. The sheep are going to slaughter #btc look at my last chart there. FYI, at the current state of things there is HUGE correlation between the BTCXRP and XRPUSD charts. Right now XRP is controlled by that chart. Expect greater things as the corridors open and that correlation fades. There is huge...
We loved you BTC! There is no admitting that the sheep are running to the slaughter at the moment. Unless there is but one HUGE push for BTC to make it passed $100,000 that volume is going to flip this market. I have another theory, one that will eat this market alive, XRP. There is zero innovation here, the network is slower than my DOG! The great developers...
After a good few days, BTC has broken first down ward channel. But its not all cake from here, though most seem to believe this. Probably a pull back over this weekend, let hope the bottom of the channel does not strike. Pump and dump boys and girls.
Another US hearing..... 3rd times the charm right? Down we go, this times it's not focused on Libra but the whole ecosystem. BTC on a knife edge as it is and the ALT's are waiting to pop. BTC vs ALT ur choice chart. It pretty much down the hill from here looking for consolidation at lower ranges, 8,7,6 they all been called pick your best bet. If the snail pencil...
Im going long here looking if we are about to start forming our first tea cup.