On a daily chart we got a clear reversal from the correction with strong volume and but we haven't break above the short MA's yet. For the 1h time frame, we got a few factors that we need to get through in order to continue our momentum back to our previous run if we want to see the potential of going past 20k and testing the 25k mark. We are approaching the...
Based on the last 2 pumps with good volume, we are right on schedule for the next break toward the 1.5 range before we reach 2018. Without any wild card fluctuation from btcusd, eventhough xrp usually stabilize and go back to its course regardless of any btc dive, xrp has managed to stay on top and bounce off the 200MA nicely and within the last 24 hours even...
Aside from the strong dip down to .50, old resistance becomes new support at .82 cent (pull the fib out and we can easily see why) so we are looking for it to become a major support if the inverse cup and handle progress. Just like the break out of the .20 slump, the 1$ break had the same volume but we didn't spend much time above $1. Unfortunately XRP is not...
CUP AND HANDLE Y'ALL !!!! Also above MAs, just need a quality volume pump and we smooth sailin' baby !
Based on the volume from the major pump last time, we need to get pass all the preset profit taking sell to gain more buying volume pressure as the .90 area have become for the 2nd time major resistance on our path toward the holy 1$, after 1$ , a buck fiddy definitely wont be a hard target. Short term, consolidating in green zone and above will help us from...
Im a believer in XRP fundamentally. Now technically it needs to either consolidate in the orange zone and eventually gain some strength to try for the 4th time that .82 cent mark, passing it will be a big step toward the 2nd try for .90 and eventually the 1 dollar mark. Worse case scenario, the buy the dip crowd will swoop in at .64 for XRP salvation. A dip in BTC...
BCH making higher high and lower high in the last 48 hours, bull flag finishing up, playing around and above 1750 range after breakout to 2k instead of a dive back to 850 like last time, Roger Ver loves BCH...shall I go on ?
break out and stayed off old resistance/support. I'm still a buyer if it breaks .82
following into tonight (EST-5), when the bithumb market wake up for XRP to either showing some strength to break over .82 ish or break down below the flag channel. I'm a buyer at .85 or i'll wait for the retracement if it goes down. What y'all think ?