XRPCAD 'D' - A Quick 15% Before Resistance!Trending mainly within a parallel channel for the best part of half a year now, only breaking out briefly on the upward side to test resistance one time before returning back to the confines of the channel. It's time for XRP to break out again on the up side and test this level once more.
Although
XRPCAD 'D' - Stuck in new Range Until Feb?Could we be looking at XRP being stuck in this ranging area between 0.39-0.49CAD for the next couple of months until this descending line will be squeezed to breaking point? Quite possibly.
This area has proven to be a ranging area for many months historically so a natural settle here was inevitabl
My new theory on the "XRP growth tunnel" If you look at the two blue lines that travel from lower left to top right, XRP appears to be gaining value steadily as it bounces up and down within the "tunnel". I attribute this to the real inherent value that the XRP ledger provides in the finance world. Clearly it pops up for a short bull run
XRP Rising Wedge, Breakout PossibleXRP due to breakout after the pump and dump earlier in the week. Court case drawing close as well (Feb 22) and speculative traders looking for big breakout buying in, hoping for good case result and value spike.
Great ratio on the trade, targets at .5 and .681 stop just below previous low.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.