XRP has been within this descending channel for a while now. The next couple of days will be crucial. Do we head lower to test the 0.77-0.84 region before challenging ATH? Or has the previous backtest of the low 0.90’s been enough and we break out of this channel and continue higher? #questions
Possibility to complete the move down today. The trendlines are important resistance levels from the past. Hitting the bottom most one would be the best in regards to structure as it would imply a HUGE bounce in the coming month (great news from the SEC on the horizon?:) Either way, we saw this coming, so no need to freak out. Excellent buying opportunity for...
Potential still for 0.77-0.84 price region. Possibility to have a turn down. This will be short lived, and very bullish for the overall chart as it would be a key retest area.
Expect Lower Lows from here (possibly into the high $40,000's), moving towards a break of the $57,600. After all is said and done, expect BTC (along with increasing prices with all the Alt's) to set a new a new ATH. $70-80k zone is very sensitive for BTC. Possible top at that point...
Potential for new ATH for XFLR in coming months. Flare Networks and Flare Finance ready to go live June/July. Could be quick move to 0.40’s due to thin order book as discussed before.
People need to stop freaking out that XRP has dropped from $1.98. This is normal, look at it from the big picture.
Based on Fib Levels, these are some of the upper regions of resistance going into the late spring/summer. $3.85 ended up showing up a couple times. Once as the top of a zone and again as a full extension of a prior move. Will we break the previous ATH in the coming weeks and then battle this price point? #onlytimewilltell
Looking for a clear break of $1.76 to indicate we have broken the channel and are headed back up. Still potential for 0.77 for largest retracement. #athinsights
As with the November bull run, we have had multiple pennant formations. Looking to have a run towards $2.36 as I have been expecting now for a while. Heading into the weekend on a high. #pennantchamps
Too much confusion over this XFLR (Poloniex) and FLR (Bitrue) Let's finally clear this all up... Flare Networks launches this quarter (very soon) Their token is the Spark Token (FLR) FLR tokens will be distributed (15% of total) as soon as the Flare Network launches. (~3% per month after that until 100%) An airdrop was done in December, owners of XRP gained...
$2.11 region is resistance $1.83 possible correction 5 waves to $3.27 area?
$2 is a big psychological resistance. As expected, $1.54 region was hit. $2+ is next up. Possible move to $1.38 #healthystructure
Is today the day? Possibility to push higher again today. Or possible retrace back towards the $1.54 region. Here's to hoping for $2+! #choochoo
Based on timing from 2017 rally. Could we see a major peak come as soon as the first week of May? #whoa
XRP continues to track this channel. Pretty amazing really. $2.36 is a number that has been coming up a lot in my personal analysis. $2-$2.36 should provide heavy resistance. Do we then retest $0.77-$1.00? Or do we break an ATH? Does XFLR continue it’s upward climb on Poloniex to match FLR on Bitrue before Flare Networks goes live? #hmmmmm
Like I said yesterday, we’ll soon find out which direction XRP chooses. Turns out it liked the look of that green arrow. ;)