JohnBat

JohnBat

XRP had a strong decline in tandem with BTC. At this point, we are testing the upper bound of a downtrend which usually indicates a change in the trend. Additionally, this fact confirms the achievement of a high level of BTC dominance to the entire market. The RSI is also at bottom levels which is a good buy signal. Therefore, I expect strong increases on the...

JohnBat

Looking at the past of what has happened to the markets, it's hard not to agree that suddenly the markets will slow down and start a bearish trend. Humanity is evolving, and politics are doing it better and better. The only threat that may hinder long-term growth on the SPX is the face of a world war triggered by China's expansion that will ensue and continue the...

JohnBat

A plan on XRP similar to the one I have on ETH because these markets are very interdependent and similar (despite some lagging XRP moves). The plan is that when entering the overbought zone on RSI and MACD, sell out and buy a trend line or level 68 of a correction move on the retest, which (I think) will start after breaking the level of $ 0.4-0.5 and then drop to...

JohnBat

My plan is based on the fibbo (gold pocket) and MACD levels where we are at the right time to continue the patterns in chart D1. Personally, I want to get out of the position around $ 600 ETH, which is somewhere in the BTC breakout of the 13-14k level, because I expect another correction move and further increases.

JohnBat

Dmination continues to decline and is in a downtrend that does not look like it could suddenly break out of it. Of course, anything is possible but the trend is still downward and we are dealing with something similar to 2017. The situation is as if a real Altcoin rally is to be ahead if the trend continues. The chart shows key levels. The TP1 level is a strong...

JohnBat

Bitcoin has been moving in a narrow wedge for 10 days, which does not give clear signals as to further moves. On the one hand, it is quite understandable that he stopped at this level (strong resistance 10,500 and psychological support out of 10,000). Personally, I think that the situation on the stock markets is quite unclear, so if the SPX continues its downward...

JohnBat

XRP has been falling in the downward channel for some time after the declining resistance was selected. This is due to the decline in BTC and I think this is a nice opportunity to accumulate XRP in the long run. I myself expect an increase to around $ 0.45, which will prove the continuation of the upward trend on XRP. This is obviously an optimistic variant based...

JohnBat

Everything looks very good. I think the current trendline test confirms the strength of the uptrend. Therefore, it is preparing for a breakthrough to the area of ​​$ 0.4 and a possible fall to the area of ​​previous highs around $ 0.32-0.33

JohnBat

XRP is lagging above the downtrend line. It moves in a downward flag characterized by a breakout upwards, but I believe that further declines are waiting for us as BTC is recording declines and I am afraid that BTC will test lower levels which will translate into a decline in ALTOCOINs. Declines on XRP are possible to the level of 618 fiboo, i.e. to the level...

JohnBat

A few weeks ago I did an analysis of how I see increases on XRP. Surprisingly, XRP is behaving exactly as I assumed, namely that we will see a breakout of the downtrend, followed by a decline to the downtrend line and then we will see a continuation of increases. Currently, it is just such a scenario, but of course everything may turn out differently....

JohnBat Updated 

XRP has seen a correction after very strong parabolic increases. This is a very healthy sign for further gains. As expected (evidence in previous analyzes) the level of 0.27-0.32 turned out to be the key where I expected a supply reaction due to overlapping strong resistance. XRP gathered so much energy that it broke through this resistance without a moment of...

JohnBat

Sometimes it's all about sentiment. Currently, it is such that the dollar is weakening, so people run away from it into other assets, so if the entire market pulls up, such risky assets as BTC will also attract money over time

JohnBat

The current consolidation was badly needed for further increases on XRP. From the technical point of view, breaking the resistance from above and breaking the bottom turned out to be a strong signal for further gains. Additionally, this fact is confirmed by the closed candle on D1 above the resistance at $ 0.28 and the price moving in the falling channel to the...

JohnBat

xrp shows strong daily increases and growing volumes. An additional advantage is the fact that since the beginning of 2018 we have been moving in a downward channel, which has accumulated enormous strength on the weekly and monthly chart. As for me, the only and most significant place is the level in the red rectangle. It is a combination of several significant...

JohnBat

From a technical point of view, XPR is in an interesting place. I will mention a few opportunities and challenges for this cryptocurrency in the medium term. + - XRP has been in the relegation channel since 2018. It is a typical relegation flag, which in most cases is broken upwards and reaches at least 40% ATH (average) - after the recent declines on the XRP...

JohnBat

After a few days of declines, I start to believe that we are going to shoot up. A negative term is even fearful may lead to an increase in the price of BTC. The BTC price was falling because the SPX The American index behaved quite strangely and weakened a little. That's why I think everything depends on the opening on the American stock exchange on 29.06. Previous TA:

JohnBat

BTC has been consolidating between strong resistance for some time. As for me, there are still chances for growth, but will it be 15k 17k or more you have to wait. In addition, it should be noted that BTC has broken the growth channel from recent declines to around 3k. He personally prepares for two scenarios. The first is marked in orange and the second in...

JohnBat

BTC after three tests of the level of 10k was down again. This was due to strong declines in US indices and stock markets. A drop of 6% on SPX in my opinion announces a second wave of declines, which will translate that we will see it and on BTC. This is confirmed by BTC breaking the upward trend (rasing vedge). I personally left the market after another 10k test...