so many targets possible if xrp breaks over the all time high of $3.33 the games begin where does the top come in? who can say? some possible measured tops: ath peak to wave 3 top (6x) = $20 1.618 fib level = $25.95 previous cycle back test to wave 3 top (80x) = $40 1.786 fib level = $45.35 previous peak to peak (50x) = $166.50
resistances 350 MA .5 fib level downtrend line .09 after these hurdles are cleared we can explore new price levels could take a while not financial advice
if the xrp fractal plays out like the voyager fractal the hodlers may have to wait 5 to 6 more month before any significant movement to the upside as usual xrp is the purgatory of crypto (LOL) not selling not financial advice
before we visit the moon, there is likely to come another day when the weak hands sell to the strong hands yet again Although this round of "The sky is falling" seemed to work very well at flushing out the timid, there is probably room for one more panick driven wick below support to drive out even more The chicken little play is pretty simple When bad news...
completed triangle heading in the direction of continuation after holding support and breaking the compressed structure
bullish divergence on the macd supported at the 350 MA as twice confirmed pretty simple not financial advice
utrust released invoicing for payments in crypto/fiat looks like buying has picked up
as volatility comes back into the crypto markets many indicator ranges will be extended polygon has many possibilities given the strength of the move to date looking at this pitchfork as the possible range of price activity
many similar patterns to the previous cycle can verge perform as the previous cycle? what value will the verge network acheive? I am guessing we will get above that black sloping line at some point not financial advice
verge has already established the base now all it has to do is break the current resistance zone after that verge has the potential for an amazing journey not financial advice
given the speed of the recent macd movements there is a possibility of greater fluctuations to price moving forward who knows where the tops will actually land not financial advice
I am expecting wave 5 to reach .25 - $2.00 no way to know for sure how high this will reach fib extensions and channel limits can also be broken if the market finds hifi finance attractive for now still seems to be a sleeper not financial advice
of course there is a lot more to it than just a moon mission to $60 but the possibility exists for a repeat of the previous cycle where will the market value cardano?
electroneum 700 support/resistance line tested looks like a solid base now how far in space?
well above the 18 moving channel of highs/lows breaking the downtrend structure bullish divergence on the macd facing the 200 day moving average in yellow next
based on the previous cycle (OMG not another based on what happened last time! LOL) macd coiled for upside well above 80 week moving average (as per magic formula) ;) peaking in 2023 there could be upside price action for over a year to come
support at .01 needs to hold long term pattern possible for a break out targets possible .12 & .50 pattern could fail on loss of support at .01 not financial advice
any number of patterns playing out for NAKD cup & handle Inverted head & shoulder W bottom now that a higher low seems to be formed will traders come in to take the stock up the channel? who can say?