DERYMEXCRYPTO

Ripple without doubts! Could REACH above $3.36 !

Long
Ripple XRP/USD maded today very important move, and did breakout on Daily Chart that we posted 2 days ago, this is good move of chapter. As we expected over 2-3 weeks, up support area 0.2395 and downsupport-area 0.1766 is still strong, and they playing with each other. In this case we can expect a new Market-Cycle! The same case is for Bitcoin and all TOP Crypto with near BTC Dominance.

- We want to mention in this chart, are two indicators of 3 candles in 2017 (that was a bullrun and a chapter of new Market-Cycle) and 3 candles in 2020, looks familiar, right? In 2020 we have the same last candles-sticks that we saw in 2017 in Mohntly Charts! Let's say that this is coincidence in majority, but let's take a look in 2017 at candlestick with number "1", before this first candlestick we have already an candlestick let's name it "candlestick with number 0"(back of first candlestick), so it's also the same like in 2020, coincidence? Not really! But this is just little psychological idea that we exposed. The most important thing on the moment it's how Market will rally, if we look at Bitcoin - he also it's on very important support that every little move it's important, and he still strong with sharing his 68% dominance in crypto majority. Ethereum also doing well, some breakouts that it's example for Ripple, it's done. (as we said in last post) Cardano ADA on the same steeps, EOS/ Litecoin & XMR also doing well the same moves. Without doubts, breakouts of other Top Cryptos and those strong supports levels for Ripple and Bitcoin, 2 years in the same Bear-Marketcycle, could be a new Chapter of STRONG MOVEMENT UP & New Market-Cycle.

- This is like a BOMB that playing on strong supports area: down and up, like a bomb sound playing with those levels 0.1766 vs 0.2395 (.......pip-pip-pip....pipipipipipipipipipi...BOOOM)



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Mention: This is not FINANCIAL ADVICE! Just EDUCATIONAL ANALYSIS!
Comment:
Could be an Formation of Golden Cross on Monthly Chart.
Trade closed: target reached

DERYMEXCRYPTO
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