Ripple (XRP) Time To Retrace vs U.S. Dollar for COINBASE:XRPUSD by alanmasters

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trendanalysis indicator beyondta ripple xrp xrpusd altcoins crypto alanmasters cryptocurrency

Ripple (XRPUSD) did great and grew a lot in just a few days... We had a great chart out about this move.

Now, things changed and prices are retracing... It is time for the smaller capped altcoins to grow.

Here we have XRPUSD showing a lower high after a peak and prices breaking below EMA10.

We will see lower prices and here I've marked the next support.

Namaste.

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Comments

looks like a bull flag perhaps

Jad-87

@Jad-87, It is.

Jad-87

@Jad-87, think so too!

12hrs from now should show us what's popping. Nice symmetrical triangle showing so im eyeballing the 4hr to see if we will continue up for another week or drop down now. Next week stimulus checks begin printing so we might still have a week of climbing before next week Friday when they release 50 million checks. Dxy looks like its about to go bullish as well. Cheers.

I see bull flag.

One problem, it is undervalued and top markets are gearing up for a blow off top, not holding my breath for a retrace.

Nah you dont even seen 0.28$ Good luck

JohnBat

@JohnBat, if it does...BUY!