Been keeping an eye on the daily and 4hr on the XRP/USDT Chart. A nice upwards trend is forming along the green bottom trend line as per chart. If this continues going by this trend, we will see a breakout upwards by EOM / Start of October. So with this, I am longing XRP.
Xrp has hit the upwards trend line again high lighted by the green line on the chart. My gut is telling me if we continue to close above this green as it has been doing we are in for some big moves upwards. Starts to close below we could see a sharp move downwards. Everyone is speculating a crash before the rise of the Phoenix. Me thinks EOM we will find out one...
On the 4 hr and Daily we can see a clear breakout from an earlier downwards trend. We are now seeing a consistent upwards trend formally with what looks like an accumulation phase at present. I am going to long XRP here. Good luck everyone!
Looking at the daily there is a clear downwards trend that has formed and on the 4 hour we see a bearish pendant, but there is also a inverse head shoulders that has formed. There isnt much volume either to suggest a break out and the price hasnt been able to hold support around the 29-30c mark. This one is tricky and a tough one to call. Maybe somebody with more...
Just a quickie. Nice looking upwards trend on the 15min. Following the trend line depicted on my chart. 25c is looking pretty dam sexy. Only issue Xrp likes to battle it out around this price. Be interesting to see how it plays out and can continue to smash through the resistance.
Looks like we are starting to break this long bear market. Im going to keep it simple. Before we start to get too excited we have three key resistance levels left to break. We power through these then its time to open the Champaign and celebrate!
Achieved bottom target for XRP. Looks like we have hit another resistance zone for now. To me it looks like it will play out until end of month before we see a further move upwards as long as it does not loose support whilst battling it out in this zone.
My stop buy target was met at 18.5c with the price going slightly lower as assumed. Still confident July we will break this bullish trend and see some upwards movement from XRP
After charting, the crypto market cap, BTC / USDT and now XRP/BTC, all three confirm bull season starts soon. Both the Market Cap and BTC Chart shows there is already an uptrend, with XRP to hit bottom within days. As we know Bitcoin always takes the lead followed by alts.. Thoughts?
Further to my chart yesterday on the crypto market cap, its clear now BTC has broken the downwards trend and is continuing upwards nicely. To me we are only days away from the start of a bull season. We have some key resistance levels to break, but overall it looks like the market is ready. Thoughts?
Looking at the period from July 1st 2019 to 1st July 2020 we are trending upward nicely with what looks like the bottom around March. Possible retest this week before the market takes off and bull season begins.
We close below this R/S bears are in full control and possibly go as low as 18c in the next 3-4 days. If the bulls can maintain this zone we could see an increase to 19c - 20c. Its going to be one hell of a battle. Bitcoin and Gold will determine who is really in control.
Xrp still looking Bearish. My stop buy is 18.5c but could drop lower. Lets see...
Chart pretty much well says it all. We maintain this support and get enough volume we could hit the upper resistance level. If we start trending below, next stop 1400 Sats? What are your thoughts