There is no doubt of the uptrend formation for this currency, the initial target will be around $ 1.50. Currently the price is forming a Triangle in wave iv from point 3. The uptrend will begin, by the completion of this pattern.
All price action art is drawn. I am long in this position and my previous analysis was long you may see It in my profile.
XRP is ready to go lower to complete (ABCDE) daily waves and test the key resistance zone 0.2$
The "pattern" for xrp since May 2018 has been 4 down bars then a bullish close in the 5th month. So we’ve had 3 sets of this so far. If this month closes above .3479, it COULD be interesting (I think), which is above equilibrium of the open and close of the June and September monthly bars (EQ3) When the price ran above .50 in June, it opened below equilibrium of...
Relative Strength Index: The RSI is currently at a healthy 45 points. It has stayed mostly within range the past week meaning that the same trend will most likely continue. Even through the RSI is healthy, the market still seems to be on a downward trajectory. Bollinger Bands: The price is currently within the bollinger bands after crossing below the lower...
Relative Strength Index: The RSI is currently at a healthy 41 points. This means the market is neither overbought or oversold, meaning most likely XRP will continue trading sideways for the next day. Bollinger Bands: The price is within the bands' range, however it's below the MA which means that there is slight room for upwards correction. Volume: There is a...
No comment, the trendline may speak for itself. Heading towards September lows...
Lots of bullish signs equal measure move puts price back at the 0.96 level price creating Higher Lows and respecting the levels pull back on the initial impulse leg respected the 618 fib
So price has pushed down and broken the 1hr ascending trend line. Price pushed back down into structure at the 0.618 fib level again. IF price continues to respect the top trend line of the descending channel we have broken out of there is a possibility we could see price break to the up side. Projected area is at the $0.59 level. However on the 4hr chart the...