Not only does this latest move have many parallels with the first couple of spikes, it was based on big news.
I've marked the crosses of the middle band for bear and bull to show the similarities.
Of course, with crypto you never know. BTC could continue to run and alts will be down, but now the number three coin, this one has big support.
Watch closely.
BONUS: Clif High's webbot has had ripple in the data for quite some time now. Stating that ripple will have upward price pressure that will manifest in late April.
Stay tuned.
I've marked the crosses of the middle band for bear and bull to show the similarities.
- Contracting b bands
- Bullish cross of middle band
- New bottom support
Of course, with crypto you never know. BTC could continue to run and alts will be down, but now the number three coin, this one has big support.
Watch closely.
BONUS: Clif High's webbot has had ripple in the data for quite some time now. Stating that ripple will have upward price pressure that will manifest in late April.
Stay tuned.
Comment:
Clear resistance to drops south of 2200. I think it's still valid here, again pending support holds...
Comment:
Id say web bot wins again on this one. It is definitely late April and we are definitely seeing upwards price pressure! Gotta!
Obviously this one is taking longer than I had originally predicted, but this sideways movement and sustenance of current price level is reassuring - so long as it continues.