If algo can get back above both horizontal resistances. It's got a good shot of some positive momentum. Looks to be forming a massive falling wedge and it's getting Tighter and Tighter Plus I'll go looks to be at the end of the downwave as it's been falling forever. It looks like a very low risk opportunity. Would like to see more positive momentum especially...
Xrp broke above the downward resistance line in this massive sub triangle which by the way is in a much larger triangle. The price broke out and back tested and is currently holding above the back test area. We really need to get above 55 to 65 cents. While staying above the 200 week moving average. Also if you look at xrp versus the rest of the market from a...
Lucid Sar XRP monthly indicator still bullish + MACD
We can see xrp mimicking the last cycle ... which is the five phases of the market which is a rise, crash, retrace, reaccumulation. Most coins exploded past their all-time high after their re-accumulation phase for example Bitcoin was in its re accumulation phase during c19 but since the lawsuit it's been a more drawn out re accumulation phase in the form of a...
I believe xrp versus BTC is in a accumulation range and also there are inverse Head and Shoulder patterns and cup and handle patterns within the accumulation range. This is my second attempt to upload the chart as an idea because the first time trading view cut the chart in half
I think in the coming years xrp will outperform Bitcoin as it to me is in a classic accumulation range
My previous published post was very long in words but it only showed a piece of the chart and I can't copy and paste the words onto my new publish because trading you doesn't allow you to edit or delete or redo even though it wasn't my fault
Hello wherever you are I hope you are doing well this is my analysis on xrp I like it. If you look at the last market cycle you can clearly see an ABCD E triangle after that triangle was complete we broke out in a massive way and right now if you look at the current price structure it actually looks very similar we are creating a potential triangle which means if...
descending triangle in side a potential massive (forming) ascending triangle.