- Price faced the top of the Descending Channel, but it showed weakness when trying to break it. - Price was rejected from this zone and is on the Descending Channel again. - Bearish Divergence on MACD could be anticipating a down move. - It is, again, in the Micro Triangle Structure.
Which side do you think Ripple will break the Micro Triangle Structure? Which will be the next move?
Very interesting, can you please complete your analysis , with BTC/XRP it's showing an uptrend that can kill xrp, or keep it steady for the moment, if of course btc/usd don't fall.
What's your thoughts please?
Thank you
Bluechipinvestments
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Same is true for BTC pairing!!
Bluechipinvestments
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Four Gap ups on this chart, Keep in mind this is a Centrally controlled Block-chain, so manipulation is happening.
On 1 day there are 3 Gap ups
Aug. 21st, Sept 23rd & 26th 2017!
On 1 hour chart
Sept 12th 2018
So in my experience Gap ups, will be filled! That means the price would have to drop tp the .15 range (2017) pricing. Before we can move forward in the next bull Run!