Price is nestled between ma100 and ma200 on the daily, i expect a burst move out of top resistance soon.
Note the red line-exponential trendline...
Just take a look at this beautiful flag. And aggressive EMA upswing. (This is from a handle confirmation on the whole chart) happy mooning!
If you also check the RSI, you can see a bullish divergeance at the uptrend pivot. I would add it but i dont have paid subscription :)
Free coin fomo (callisto airdrop) on March 5th makes this a big mover this month. Market cycle reversing and moving averages will come up break MA200, Accumulation period now mark up with added 'free coin' FOMO, look at NXT in november and take a look what happened to guage the power of FOMO for a free coin in cryptocurrency... Just remember there is a good chance...
TA -Bullish divergeance, when extended line on price you see a perfect trendline -Price above MA100 as strong support -RSI reset and primed -MACD reset and primed moon? i think so. ATH in may or before. FA -SBI exchange in japan, XRP only at launch, trading pairs with XRP -Partnerships for XRAPID use (xrapid uses XRP but is in beta testing right now) -Current...
XRP is currently located in an indecision boxing... supported by 30day MA (which is trending bearish) but also 50MA resistance + 1.66-1.70 resistance which is bears last real stand before 2$. This means 1.66-1.70 is very strong. The way candles are testing 1.6 and falling back down with the wicks means bulls are strong at 1.50 but bears are also pushing back hard....
Description on chart, my personal opinion :)
When ma 50 breaks out of ma 100 we are going out of this solar system. Ichimoku cloud resist was eaten through like butter. Lets go!
If BTC keeps calm, this is what is going to happen. When MA 50 breaks out of MA 100... We are going out of this solar system.
Alright, XRP USD has broken all expected resistances, its going up. Now its time to break those on XRP BTC. If it keeps going up hard (which it will) There will be a GOLDEN CROSS MA 50 and MA100 just above the ichimoku cloud resistance that we are powering through. When that happens, its a huge buy signal during a run like this. BTC XRP chart is going towards new...
My idea for this recent XRP 50cent resist
Big news in the coming weeks and also this technical analysis... The pieces of the puzzle are coming together. Don't miss this boat! It will be expensive to buy soon :)
All the pieces of the puzzle fit... Lets pray for moon!