The general trend of XRP is upwards. However, XRP might have formed a double top. In case BTC breaks down out of the inverse Head and Shoulders formation (as it might indicate not a trend reversal but a continuation pattern), it is expected that all alts will bleed along the way. In this case, XRP (which is usually dumping much harder that BTC) might break the...
ETH is ready to break out of the EMA ribbon, which it hasnt done so for months. Once this is achieved, there is no VPVR resistance until high 160s. I would enter a position at 142 (Bitmex) and TP would be 168, 170,172.
TRX is extremely overbought with momentum and other indicators indicating the need for a retrace. Entering a short with TP llevels below 495-490 satoshis.
EOS is currently forming a rising wedge against BTC price. There is also a bearish divergence on the 4h chart. Once it breaks down a nice entry could be 5585. After that point the price would be expected to fall quite further.
A textbook rising wedge on the BCHBTC bitmex chart, with increasing price but declining volume, MACD histogram flatlining, CMF on the negative indicatingbearish momentum and EMA ribbon and VPVR resistance to the upside. No rational reason to long, but BCH is not rational these days so just DYOR first ;)
XRP does not have any significant resistance above, in terms of volume or ichi cloud and ribbons. If market does not drop overall, a long can be placed after it brakes the first blue line and TP should be the second blue line.
