Clear retest of resistance as support with huge buy volume. I expect bitcoin to have a couple month long uptrend.
It is pretty clear now that XRP is ready to have another crazy pump in the short term. Many rumors are swirling that the SEC lawsuit is soon to end meaning that XRP will soon be relisted and tradable in the USA. This could be a catalyst for price point between 5 and 10 dollars for ripple. Do not miss out ;)
BTC very clearly followed a support line that broke leading to the flash crash we recently saw. This came after a textbook Wyckoff Distribution phase that lasted about a month or so (please google "Wyckoff distribution" to see related images). The Wyckoff Distribution has been completed and we now move on to the next phase; accumulation. For the last 6-7 weeks...
Just read the chart from left to right and let me know what you think comes next hehe...happy trading friends
After a long period of consolidation and rejections from the resistance line doge finally looks clear to head back to test all time highs. The greater crypto market seems to have bottomed out and we can expect btc to also return to 60k over the next 4-8 weeks. Happy trading :)
We have come perfectly down to our 200 ema as we do so often in bull markets. I expect BTC to now begin a slow grind back to 60k range again before breaking to ATH again after summer is over.
Very clear consolidation zone for xrp with a break coming within the next 4-7 days. The trend is your friend until it ends. Assume the breakout will continue upwards price action. Cheers.
My previous prediction still stands. I just expected the move up too soon. However, we have now formed a double bottom on the 1000 ema on the hourly and we look ready to blast through $2 and go for $3. See my previous idea linked to this chart for price targets.
After a healthy price AND time correction, XRP is set to continue with its next leg higher. We can expect to see prices above $2 in 24-48 hours of this post. From there possible psychology resistance levels lie at $3, $4, and $5. Overall, it seems likely that XRP will reach $5.40 within the next few months. If the SEC drops the lawsuit we can expect an even bigger run.
Xrp has reached a golden ratio top for the first fib that I have drawn on the chart. This fib is valid due to the correction to the .5 level that is typical of a proper fib retracement. Now that this fib cycle is complete the next fib cycle will begin. We use the .5 level on the previous fib as out bottom and the golden ratio top (blue line) as our top in our new...
After finding resistance at the 60k level it appears after consolidation that BTC will indeed break to the upside making the next target the 110k level area. Next few months will be interesting.
Looks like xrp is ready to take another leg higher after some nice consolidation with declining volume...next leg is expected to break the $2 mark.
Next target for xrp is just above $1.50. After that not sure how high the fomo will push it. Stay tuned
After the initial breakout xrp has found good support at 90 cents and is now being supported by multiple momentum indicators. This looks to be a buy zone with a stop loss a little below the 90 cent area.
BTC seems to be forming a h and s on the hourly and 15 min time frames...this could send us down to 54k and if 54k fails we could see quite a strong move to the downside.
After finding a bottom XRP has seen a nice rally back to the .75 resistance level. It then found higher support at the .382 fib level. Currently XRP is looking to break above the next fib level and may possibly find resistance at .65. A break of .65 and .75 would most likely lead to a golden ratio temporary top at $1.20 indicated by the top blue line. (The golden...
Pretty clear that we are in one big exponential run on the big time frame but even on the daily we are forming continuous exponential moves and it appears we are in one right now. Hard to say where it will end but some psychological levels to watch at 60k, 70k, and 75k. $75,000 would be the biggest resistance and would be surprising if we manage to blast right...
After a huge pump on XRP we have nice consolidation happening right below our 100 ema on the 15 min chart. The price is coiling up as the volume declines indicating a big move to be coming very soon. Since we are in a short term up trend we should expect the price to continue with that trend and take profits at resistance which is about 10% away from my entry...