-Hello everyone! On a 4-hour time frame, we can see that price is moving between these support and resistance lines. We can also see that price tested yellow support line and rejected but we can notice that price is in let's say consolidation and we can see that on lower time frames because we do not have high volatility. -On lower time frames we can see that...
Hello everybody! -On a 4-hour time frame, we can see that price retested multiple times support area and we can see that price formed nice bullish candle. -I consider the support area as a solid zone because we had multiple retests and rejections over there. -We can wait for more conformations on lower time frames to decide what actually do. -WHAT DO YOU THINK...
Excuse the mess, If the weekly closes below $0.28227, expect lows of $0.20. That will secure a double bottom, we will be very likely to moon after that. Goodluck!
Does ripple have a huge mountain to climb? This handle it is approaching has been very detrimental in ripples success in the past but currently looking like a downwards channel is forming and ripple could be looking for a drop to the downside towards $0.2? Or do you guys believe it will break this resistance and start climbing as bitcoin looks to begin...
We sucessfully hit our first target of 0.233 and continued to 0.241! Now, after a bounce on the trendline I expect growth to 0.25. Keep in mind, The Coronavirus might have a positive impact on crypto and especially XRP. It might bring extra fuel to the market we were waiting for this entire time. China has shut down trading until Feb 3 and with chances of getting...
BTC pumped from April to June for 13 weeks to almost it's ATH back to exactly the 0.61 Fib retracement. I will attach the picture from BTC here below. :) Will XRP and all the ALTS do the same? If they would need also 13 weeks for that pump we could end directly in front of the BTC Halving. xDD It would fit all so well. xD
Weekly XRP's trend timeframe showing price remains in its downtrend with no weekly confirmation of a reversal just yet. Last time XRP was at this price we saw some consolidation take place for about 20+ weeks, mind you this was before the crypto "hype". Today we are at sitting at the same price. Stochastic RSI showing momentum starting to shift... ...
XRP/USD Green range is where I will buy. The red line below is where I will position my stop loss. XRP has broken below each of its original support levels. Because of this I expect XRP to enter the green range where XRP needs to hold its final level of support level. If this level is not held we can see a continuation of drop in the price of XRP.
All description on the chart. Please, don't forget to like and follow. Thank you.
4H Chart Explanation: - Price broke the Descending Channel. - Price is currently on an important Support Zone. - If price bounces from here, it has potential to move up towards the Descending Trendline first and, then, towards the Resistance Zone. Daily Chart Explanation: Weekly Chart Explanation: Updates coming soon!
visualizing fractal shapes from the previous era preceding the block reward halving. The next ATH might overshoot 100k easily and could even reach as high as 600k. Classic Bitcoin.
Hi all, I believe that XRPUSD will go up in price. Price is currently at support and I believe we should go back to our resistance area. Have fun all!