onwardbtc

XRP The Sleeping Giant!

Long
BINANCE:XRPBTC   XRP / Bitcoin
XRP is one of the most hated coin around the space. After 2 years of down movement, we finally came to point which is worth looking.

On higher timeframes we are at the trendline and trying to break it. Now things are getting interesting.

A closer look at the 4h shows, that XRPBTC is currently building heavy support here. No matter what Bitcoin is doing, XRP stays in this area and only get wicks down.


People now starting placing longs on XRPUSD around the 0.19-0.18 area where we have major support:


On the daily we see also that the Ichimoku Cloud now turning green, which means, that we can see some green days on it also:


We also crossed bullish on the MACD (Weekly) some days ago:


We also have support on VPVR and playing with the EMA's


A look to the Bollinger Bands shows us support on the Middle Bollinger Band

We will have a close look on this and start putting some long orders.

As soon as this giant starts moving and the liquidations floating in, it will move fast and hard. Be prepared!
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Comments

This is the chart the no one is showing
Reply
That's a descending triangle..bearish
Reply
depeterso Darkside999
@Darkside999, we get it, you're bearish on every post
Reply
Darkside999 depeterso
@depeterso, no im short term bullish on xrp..short term
+1 Reply
onwardbtc Darkside999
@Darkside999, swap to long term ;) Come to the dark side
+1 Reply
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