It's been a long time since I posted a chart. I remember all to well holding AMZN as an asset during this time period... I remember, vividly, thinking how BIG it was gonna be, but almost in disbelief that price was doing nothing, and to be honest, it was a GRIND just to hang on! Holding XRP as an asset, in so many ways, has the exact same feeling!!! While...
I've shown this bottoming pattern before! Let's see if it materializes with Flare ... so far, so good! Cheers!
Well, $0.34 is now resisitance! I tried to tell ya! That is now the number to watch! Cheers!
As the 2022 comes to an end, this is what my thoughts are as we move into the New Year! Happy New Year! Be safe! Cheers!
Crazy similar! I believe that once the ATH is taken out, both of these assets will pursue much higher targets! Cheers!
Using the stochastic indicator, these bottoms take some time! Even when the indicator moves higher off the lows, creating divergence, there is no guarantee that the bottom is in... Cheers!
Although, it's not my first choice for this pattern to materialize, nonetheless, it should be on the table as a potential setup! I think there may be a more sinister pattern in play... we wait and see!
As mentioned on October 15th, more downside risk below $0.43 cents!!! What was support, is now resistance! Cheers!
For the record, I can't find anyone that made this call this early! As a "TA" guy, I am severely underrated, which I'm okay with, but if I give you a target price, you should consider it! US Dollar price has fulfilled my anticipated target, and is now experiencing a much needed correction! (My target was posted on social media, which can't be named, but it's the...
Compare for yourself. Divergence and 90% drop for both! Cheers!
Applying the Gann Fan from the extreme low and the extreme high, and analyzing the intersections, we can begin to see (clearly) where the market has been, and maybe, where it's going!! Keep in mind, the $1.48 & the $2.85 are a couple of targets that I'll be keeping an eye once price begins to climb out of this long winded rut! For now, the price is UP and if it...
Compare for yourselves. Once price broke down out of the triangle, it was simple channel analysis to determine where price would go for support! The original chart had an "Up Channel", which was invalidated long ago, which is NOT included here! Cheers!
I can show you this pattern on many different assets... always some differences, but the "look" is relatively the same! Cheers!
It's been a minute... While I'm not suggesting that this pattern plays out in the same fashion, I did think it was worth mentioning the similarities! And yes, there are some that are not similar, but at the same time, there are some that are intriguing! Cheers!
These (2) assets are like twins! The Silver yearly chart aligns with the XRP monthly quite well. Cheers!
In my opinion, the Global Reserve Currency could be in some real trouble here! It has taken 30 years to travel across this bearish channel, if price cannot push out of it, then the lower channel lines become "targets of reality"! With all the world events, should we really be surprised if this happens? Cheers!
Keeping my eye on this! This moving average has played an important role over the course of XRP's pricing... it has conquered the daily, the weekly, and now pending the monthly! Cheers!
Simple Chart! Simple idea! Using the weekly, you can see that price is trapped below the 15 MA. As long as price remains below, then it's my opinion that price could still drop lower! Moving forward, you'll want to be aware of the 15 MA (weekly), once price conquers that moving average, it's GAME ON! Cheers!