A better view of my latest analysis, with more details on the charts. Feel free to comment on this.
If bulls can't make $XBT upwards from this range before, let's say, next week or so, then 9000-9400$ is likely to become the nextshort term support. Then, a bearish descending triangle will form or, more exactly, will be confirmed. If so, further correction could lead to the 6600$ support of last year. To my opinion, both options are good. I have no bias here...
As expected in the previous idea, #xrpeur got rejected around the 1.40RSI. Now, level 0.00 will be important to watch this month. Huge bounce could occur early september. In the meantime, I expect a big dump until 0.20€, even 0.19€ after the 20th. But before that, we still have room for som quick pumps. I find it risky thought and I prefer to wait for a clearer...
It seems that the weekly StochRSI leans towards a rejection, which would lead us to the pursuit of the downtrend until the 0.19-0.20€ support line. StockRSI seems too high to me and its retracement to an full oversold 0.00 level would perfectly bring us to late August-Early September. We have some time for quick bounces until the Monday 20th of this month and the...
Now switching a bit from the USD to the EUR my XRP theory (I am european after all). It's time to take a closer perspective of market movements, as we have so much news and so much "insider" info into the community flowing from all parts, that I can barely mention everything here. And as I am keeping on collecting and accumulating right now, like other $XRP...
Some precisions about the ongoing corrective continuation. Kinda glad that the 2017-2018 inferior trend line support fits so well my previous feeling that the whole market would find another bottom between end May-mid June. Some xrp chartists friends of mine were even considering a further continuation towards a progressive consolidation by the early days of the...
Keeping on elaborating my long term XRP theory based on FA, EW, StochRSI and OBV, mostly FA and EW. I'll keep updating and filling the missing FA informations time after time. The 2018-2028 prospective is not so much updated yet, it will be a great and fun theorical exercice ! (No financial advise here, just fun, although serious TA. Suggestions and ideas are...
Elaborating a theory on #xrp for the long term (I'm both a swinger and a xrp investor) using EW, BB, OBV and StochRSI. The analysis of #xrp charts is as fascinating as #xrp 's and ripple's tech fundamentals. Some say that it is impossible to do TA on the xrpchart. At the contrary,I found my self at great ease with xrp, maybe because it's basically my only...
Upcoming cup and handle reversal on the 2hr ? Seems matching with current BTC pattern which seems to be a CnH or maybe a round bottom (similar outcomes). Anyway, its funny to see how it seems to match my EW count (hope it will continue correct in may tho, and not continuate). #xrpcharts #xrpusd #xrpthestandard
Here's a variation on my midterm XRPUSD forecast that I published lately. Both scenarios basically rely on the same fundamentals, but the speculation that will undoubtly accompany the xrapid/Santander/SBI news in the next 2 to 8 weeks would certainly lead the price to recover the previous highs of february above 1.10$. As I already said, I don't really focus on...
I really hope the entry zone will still be as generous as it is now until early June. I worked a lot for that buy order. Need some more time. After July, OnepayFX, SBI's Virtual Currency exchange, WU, Moneygram, MercuryFX, plus other xrapid applications, (including the ones we don't know about) the 1.0 Rubicon will likely be crossed forever. I'm a rookie...