Here I am looking at a very simple pattern on the Ripple (XRPBTC) chart.
Take a look at the Double Curve:
First a peak is hit followed by a new low.
The MACD prints a bullish crossover.
There is a volume breakout to move pass EMA10.
And growth starts...
Here is the MACD: Pretty clear if you ask me. The histogram is already on the bullish side.
The RSI: Hit oversold and is now trading above all resistance.
Get ready... Because Ripple (XRPBTC) will be going bullish soon.
Thanks a lot for reading.
Namaste.
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This is the weekly time frame (7 days / 1 week per candlestick) - Long-term chart.
Comment
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The below trade for Ripple with Lev. (XRPZ19), was shared on the 25th September together with this chart... Take a look at the results so far: ---------------------
A false breakthrough and we will soon be in the channel.
Gaengphed
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Your chart looks like it is running as a Swiss watch ;-)
langhniparas
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Timeframe please bro ?
AlanSantana
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@langhniparas, Here you are looking at the weekly timeframe.
Confucius_The_Great
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I have also been keeping an eye on Ripple....you just know those foolish sheep will go all in on it when it starts to rise in value...because it got bank connections...since when has that been a good thing haha. Time to pick their pockets once again, now Ripple founders just picked 250 million usd out of the xrp owners pockets...