XRPBTC Moving Average AnalysisPrice moons on XRPBTC cause sharp turns in each moving average
First moon caused 50MA a U turn
Second 100MA U turn
Now we are approaching the 200MA's turn
The red horizontal dotted line and box in red shows a point where all moving averages were in the state that they will soon be in when XRPBTC makes its moving average U turn
Right now on the MACD we are higher than this horizontal point, suggesting that price on this chart will increase from here
The time period between the first 50 and 100MA moon points was about 2.5 years, right now we have experienced a long bear phase from XRP currently being in 2022 waiting for the 200MA
Xrpbtcoin
XRPBTC Maintaining Higher LowsXRPBTC has been on three major bull runs, while maintaining an uptrend. Fractal ribbon can be seen to be in the buy zone.. Sorry if the chart is a bit cluttered hard to fit all this information in. Linear regression isn't quite important in this scenario, but i thought it would be cool to see a 0.91 downtrend smash
Thinking About BUYING XRP (Ripple)??? Are you thinking about buying ripple?
This one lonely trendline is the single most important technical indicator right now!
As long as price remains under it, XRP is clearly not a buy! At least not for the long-term!
If you're not a day trader and you're in the HODL category, then make sure to wait until this trendline breaks before considering a buy!
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