The key resistance levels are marked on the chart, 550, 635, 700 and 835 Reaching 835 early in 2021 would form a perfect cup and a pullback from there is probable. Then the next targets would be ATH's.
USD TRY is retesting the 200 DAY EMA Any close above the line would confirm the uptrend Supports 5.31 5.25 5.15 Resistances 5.55 5.67
MACD RSI and VOLUME are decreasing as the price is increasing Expecting a correction on 1H Interval
Any down break below 0.074 can trigger H/S pattern.
We are still in a bull flag. If BTC/USD falls lower from these levels we will see most of the altcoins effected by that and TRX/BTC is no exception. Then the bull flag will be unconfirmed and we will travel to around 400-500 level Otherwise we can see a bull run from this level///
It is time for TRON to decide: Either a breakout before the MainNET launch with a nice Cup and Handle Formation or obey the big brother Bitcoin and go down for a while... Potential targets are on the chart.
We can clearly mark Impulse waves and ABC correction. From this point if red trend line is breached upwards, we may start another wave. Beware of any price drop below 0.005
Based on Fibonacci Levels, here are the support and resistance levels. I am expecting to touch 0.0053 zone before any up movement.
Based on the 4hr log chart, the uptrend and downtrend cross at two points 1.67$ or 2.04$ Any close below 1.64 will throw the prices out of uptrend
If this turns out to be a proper cup and handles, we will see an incredible jump in XRP BTC price
If the fractal is confirmed and we reach to 2.29 level, there is a possible pullback to %61.80 fibonacci level 1.87 We'll see how it goes...
Based on the previous peaks and retracements, XRP might surge to 2.29 before finding equilibrium until the next spike
XRP might be doing an expanded flat correction Watch levels carefully
Another attempt to break 1.30 level can be seen in the following hours
Apparently XRP is having a Christmas vacation and just playing on the lines.. Slowly following the trend line that goes up but all the indicators are showing an indecisiveness.. Better to wait? Maybe...