XRPBTC / XRPUSD @ decision point.

BITTREX:XRPBTC   Ripple / Bitcoin
I think that we have reached a decision point for XRPBTC . Rejection at the Ichimoku means that we will probably lose the 50 daily MA (pink) and retest the 200 MA (red).

Please note that XRPBTC has not yet lost support of 200 MA during this correction.

If we go below the 200 daily MA will head towards the underlying trendline (blue) and most likely the USD price for Ripple will go sideways. This is what happened last time, please see the previous bubble pattern & highlighted area (however like I say the 200 MA had already broken then).

The bearish Ichimoku cloud is getting thinner, but not enough that it can't be expanded by a simple loss of support.

If we do not get rejected and we break through the Ichimoku cloud , there is a good chance for a massive rally imho .
However I can attest this is what some peeps thought back in August 2017 too ;)

Will it be different this time?
Comment: Added daily Stoch and RSI
Comment: Stoch RSI is maxed out like most coins right now.
Comment: XRPUSD Death Cross
@BarclayJames , good to see that you are using both xrp/btc and xrp/usd in your analysis. It is very important not to see xrp in isolation from BTC.
Please get reyected!
+1 Reply
@EliasR, Better pray to the bear god!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out