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Sparkster
May 20, 2020 9:46 AM

XRP Hasn't Broken These 2 Trendlines Since 2017 ATH Long

XRP / US DollarPoloniex

Description

  • The various lines of ichimoku cloud act as support and resistance, as if you didn't know. It's fascinating to watch the 2 day chart using double ichimoku settings ('crypto settings'). You can see price has not broken above the cloud (but tested it several times) since the previous cycle bull run.
  • A break above that cloud combined with a break above the long downwards trendline sets XRP up for a potentially epic rise.
  • This market appears suppressed by bitcoin maximalism and possible whale manipulation.
  • Suppressed forever, fundamentally worthless... or tightly coiled like a spring?
Comments
transparent-fx
I will be monotoring xrpusd as well, this is my overall view
Aja_
Good job!:)
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