Look for a retest @ 24,000 . If @24,000 is breached look for a retest of support @ 23,600.
BTC has broken through the resistance @ 9,000 but needs to close this days candle to confirm. If it does close above @ 9,000 expect a test of support there before testing resistance @ 10,000 ( major resistance level ) . Also watch the proposed change to BTC futures contracts @ "CBOE" this may act as a headwind or rocket propellant . Also BTC dominance is...
If US 10 year breaches 3% resistance, Katy bar the door ! I believe this is a key technical level that may trigger a larger sell off in the bond markets. Remember that as the bonds sell off the yield ( interest rate ) rise's . As of right now the yield on a 30 year bond is @ 3.14% and a 10 year is @ 2.96% ! So if you were buying bonds why would you loan .gov the...
XRP is currently meeting resistance @ .88c if it can break through look for the next resistance to be strong @ 1.00 level. If it fails to break .88c look for a retest of support @ .75c . Also the 50 day m avg & 200 day m avg had a "death cross " on 4-9-18 which is still in play ( bearish signal ). With that said I am very Bullish on XRP in the mid to long term !
We need to see the resistance @ 9,000 breached and retested as support fur the bulls to maintain control. We have tested the 9,000 level yesterday and rejected, we are re-testing today and have yet to break through. Although the BTC Futures are trying to suppress the price I personally believe the bulls will win. Watch for BTC and other crypto's to become a...
Resistance @ .45c ? Support @ .26c or .36c I think the .36c level is short term resistance and if breached look at .45c resistance with a retest of .36c I expect a test of the resistance @.45 then a slight pull back. I would be surprised to see a retest of .26c support but that may be a good point to acquire more XLM if your so inclined.
The dji has been flirting with a program sell signal. If it breaks the lower support, look out below. Watch for Crypto's & precious metals to become a flight to safety !
Maybe I will be proven wrong tomorrow but I set up this trade a week in advance and waited. I am LONG / holder of BTC / ETH / XRP / XLM / XMR . I use every dip to add to my positions if I have a few extra bucks . My goal is to lower my cost basis average on the position. So far this has worked well, I am not trading, just accumulating in small amounts.
With the endless debt that is issued by .gov's, central banks, corporates this seems to be the "line in the sand" that may very well be the deal breaker. The bond markets are bought up daily by "some entity" to suppress the rate xing the magical 3% threshold, it's just a matter of time tho !
Xrp is holding support on the lower trend line and meeting resistance @ $1.00 ( mental resistance ), beyond that more resistance @ $1.20 level. Also volume has been very low, expect pickup after Ripple meeting in Mexico ends, good news for Xrp almost daily. Hold your XRP & retire soon enough !