MrMoneyMatrix

MrMoneyMatrix

I am watching these major moving averages to determine the future direction of Bitcoin paired Alts. If Dominance breaks below the 10 Day moving average ( Purple line) then I will expect a continuation in a few good alt coin projects. By now you should now if your holding a shht coin. A lot of attention on Bitcoin. Coins like xrp still have no real regulation...

MrMoneyMatrix

Can you see it yet?

MrMoneyMatrix

Bitcoin Dominance has been rejected at the 20 MA (Yellow Line) The chance of alt coins pumping more is still possible.

MrMoneyMatrix

Possible Head & Shoulders pastern forming on the one hour chart. As for the weekly chart we getting resistance at the 20 MA.

MrMoneyMatrix

Here is a look at the weekly XRP/USDT chart. The price has found support above the 20, and the (WHITE 50) moving averages. my short term target is between 0.31 - 0.33 USDT. I have chosen this as my target based on the (PURPLE 200) moving Average. A clear break above the 200 moving average will open my targets up to the mid 0.45 USDT range. Looking back to November...

MrMoneyMatrix

In this I am seeing the support of the 200, and resistance above from the 50 moving average. A break above the 50 would open a target of 109. Not financial advice.

MrMoneyMatrix

Testing Previous Support As Resistance. Must break above and hold resistance.

MrMoneyMatrix

xlm

MrMoneyMatrix

I am keeping my eyes on the main moving averages. Here on this one hour chart I have white lines showing the possible support. If these fail to hold, the alt coins have a chance for a little longer. Something big is coming for Bitcoin.

MrMoneyMatrix

Understand the importance of the Bitcoin Dominance, and it's effects on the Altcoin market.

MrMoneyMatrix

I am Still Bullish as long as Bitcoin Dominance is going below 60%

MrMoneyMatrix

There is no reason to be bearish on xrp. Here is my future price prediction chart for the rest of this year.

MrMoneyMatrix

Here in this chart I have clearly shown the potential,path of a bullish price movement in the Bitcoin/Pairing price of XRP. This is not a USD/ Pairing of the XRP price. Looking at the bitcoin Dominance still holding below the 60% range, I AM BULLISH ON XRP. In the red highlighted rectangle is my short term price prediction target. The yellow area is the resistance...

MrMoneyMatrix

If the price gets rejected by the 200 moving average, and the 50 becomes resistance. The price of XRP will then drop back down to the lower 0.20 USD range, and my Bitcoin/XRP target is the green dotted line around the 2200 Satoshi price range. Again I must add, the Bitcoin Dominance has dropped below 60%. Still bullish, just waiting on the price to climb back...

MrMoneyMatrix

The green line represents the 200 moving average, and the white line represents the 50. I will be on the watch to see how the price moves above OR below these two major moving averages. Currently, the Bitcoin Dominance is breaking below the 60% range, and may go lower over the last few months of this year. Almost like it played out in late 2017. This is only my...

MrMoneyMatrix

So it continues on.

MrMoneyMatrix

Im Loving IT!!

MrMoneyMatrix

BTC