XRP has come back to the long term trend line as long as it stays with in this line it's still on track, I was a buyer at $0.27
The price of XRP in Bitcoin has broken up out of a falling wedge, normally this an indication that the price will continue to rise as shown by the arrows
We are at another support level breaking this level and we could end up at the last support of around $30
Normally price breaks down below the support line, at some point then can come back to the support line before falling much further, but if it breaks up above the resistance line it can come back to that line which then becomes new support before continuing up
The price returned to the break out position,on the long term chart, this is normal but usually the moves are not so big, a continuation from here could be ten times the initial move, that could take us to $14,000 over the next 12 to 24 months or even maybe 36 months
looking at the one month candles I don't see any reversal candles, so we may see some more down side before we see some up side
Shorting, is in full swing, so we have the next Support Line in sight, it could start to stop the free fall at the next Support Line
The price has bounced off the long term trend support line, and broken the shorter term top trend resistance line, so the price stopped respecting the shorter term top resistance line, so that is a sign that the price should continue up
There is a reversal candle and that candle touched the break out support line on the weekly chart all bullish signs that ETH should continue up over time
A lot of buying is coming in at $900 causing pin candles on the daily chart, breaking that support and it should move quickly to the next support, breaking the top trend line and it could surge up again
Big pin candle on one day, is bullish, at a critical point, it is back at the break out, normally a turning point, but if it breaks here it could go down to the next support line
Opinion:- Powerful bull pin candles on the one day chart show that when the price drops buyers quickly come in to take up the offer, this is an sign that the top trend line should break and price should continue to rise
Opinion:-Lots of pin candles on the daily chart show that when the price drops buyers are coming in quickly to push the price back up this is a bullish sign and shows BTC has the ability to break the top trend line
Break of each Support Line and we could move to the next, a break of the blue Trend Line and price could move up again
Breaking any of the Support Lines then we could move to the next one, breaking the top trend line and price could move up again
Lots of Pin Candles show that buyers are coming in quickly when the price drops to the pink line support level, top trend line is squeezing price down, to that level and I am expecting price to break out the top, if price breaks the bottom pink line it could drop dramatically to about 8k to 10k