What a ride! Do we have a bottom? Ripple just seems to dribble lower.
Added the Ichimoku to the 4 hour chart. We have a dangerous cross forming. Conversion line (Blue MA) has turned toward the base line (Red MA).
Price is now hovering above the Base line and the Leading Span B is below the Green Cloud.
Adjusting the long term trend lines Ripple is truly at a CROSSING!
Break down below the .000065 and we are going DOWN and FAST!
Break above we will need confirmation and should see that around the .000075 mark with and again at .00085. After that I believe we can take a breath and start chanting!
Added the Ichimoku to the 4 hour chart. We have a dangerous cross forming. Conversion line (Blue MA) has turned toward the base line (Red MA).
Price is now hovering above the Base line and the Leading Span B is below the Green Cloud.
Adjusting the long term trend lines Ripple is truly at a CROSSING!
Break down below the .000065 and we are going DOWN and FAST!
Break above we will need confirmation and should see that around the .000075 mark with and again at .00085. After that I believe we can take a breath and start chanting!
Comment:
4 to 8 hours will give us a break to the upside or a AHHHH SSSSSST!