Ripple XRP to the tethered USD is forming a nice sharp downward sloping bull flag in a uptrend. A downward sloping bull flag indicates seller exhaustion, making the bullish pattern even stronger. And when this occurs in an uptrend, the bull case is even more valid. To further drive my point home, XRP is wicking off of the 20-day moving average on the daily chart,...
Here I am sharing some quick details about NXT vs BTC on Bittrex. This is a general analysis by request and this is not a trade suggestion. Use this information as a tool to better understand this coin if you are wanting to trade it. Add this plus everything that you already have to make an informed decision. Enjoy the analysis and thanks a lot for the likes,...
Until USDT news and i'm calling more collaborative BS, the shorting from futures didn't have the desired effect and almost all crypto was following a nice rising support line. Just my opinion. Wouldn't surprise me if we get more news soon to knock the price down further. I'm buying at strategic fib points on the way down until the manipulators decide they want the...
Keeping an eye on $XRPs correction after such a massive climb. We look to be bouncing around in a falling wedge (in orange) that's sitting within a larger, 3-week channel (in green). The tip of the falling wedge intersects with our previous rising wedge support (in blue), our channel support and .236 fib. Also of note, the 1/2/3/4h RSIs are all...
XRP/USDT analysis even though that BTC always steers altcoins, everything seems to be connected to each other
On this 1D time-frame we see that after having broke Support lines A & B, XRP has successfully tested support line C and is headed for retest of Line B. Although Line B may be breached I do not expect it to hold. All the while the MACD lines are currently crossing in favor of XRP so that is a positive indicator as well. My entry point was .24 and my TP is at .35
XRP Long Term Trend lines pointing up.
Prediction of XRP Make sure to Stop loss at 2060 According to Fibonacci Retracement 24-48 hours to Breakout As we can see Its been squeezing for many days... TO BURST! maybe The volume is 12500BTC Follow me on twitter CRYPTOMANIAC twitter.com