It looks like the bearish rally period is about to end and XRPUSD may rise massively.
Target 1: 0,76$
Target 2: 1,53$
Target 3: 1,87$
Target 4: 2,22$
Target 5: 3,56$
When: Not sure, last descember went really fast. Alot could happen the next months.
Arguments:
- Gann arc is aligned very good at the moment. Check out all the green spots. In other words, the current arc indicates next turning point. It need to stay inside this arc, if not it could start a new bearish rally.
- Gann lines from the Gann square gives us when it broke out earlier. Check out the green spots. We're about to reach the next gann line right now. Crossing this one may make it break out this time too.
- Gann lines (the blue ones) from the Gann fan also gives us when it broke out earlier + other pivot points.
- The lengt b is about to be completed. Combined with lenght a we got 1.618 in total which indicates a break out is about to happen (The Golden ratio).
- Wave 5 is completed within the big wedge pattern. It could rise and break out of the upper line.
- It is about to break out of the smaller wedge.
Good luck!
Target 1: 0,76$
Target 2: 1,53$
Target 3: 1,87$
Target 4: 2,22$
Target 5: 3,56$
When: Not sure, last descember went really fast. Alot could happen the next months.
Arguments:
- Gann arc is aligned very good at the moment. Check out all the green spots. In other words, the current arc indicates next turning point. It need to stay inside this arc, if not it could start a new bearish rally.
- Gann lines from the Gann square gives us when it broke out earlier. Check out the green spots. We're about to reach the next gann line right now. Crossing this one may make it break out this time too.
- Gann lines (the blue ones) from the Gann fan also gives us when it broke out earlier + other pivot points.
- The lengt b is about to be completed. Combined with lenght a we got 1.618 in total which indicates a break out is about to happen (The Golden ratio).
- Wave 5 is completed within the big wedge pattern. It could rise and break out of the upper line.
- It is about to break out of the smaller wedge.
Good luck!
Comment:
A close-up on the current situation. Remember, it must stay inside the blue area.
Comment:
Break out!
Comment:
Here is my older idea predicting this turnover. Yes, it missed the target clearly, but the timing was perfect after it hit the arc:
Comment:
Sidekick: Here is some of my later ideas if you find my ideas interesting. Till now it gained 150% (since 8.April and until today morning)
Comment:
Wedge is appearing and we're getting close to the critical zone (the blue outer arc). I think there is a big chance it will rise within couple of hours. Remember, last time it hit the green gann line it went crazy(!).
Comment:
Sorry for late updates! It doesn't look good at all now! Bearish Rectangle appears...
Late days I've tried to place the arcs in a different way and the picture below shows the new arc that may save us from a big drop.
But it doesn't look promising at all for the moment. Look how it dives away from the right shoulder / Gann line...
Late days I've tried to place the arcs in a different way and the picture below shows the new arc that may save us from a big drop.
But it doesn't look promising at all for the moment. Look how it dives away from the right shoulder / Gann line...
Comment:
This is how the new arcs are placed:
Comment:
It just bounced!
Comment:
Seems like this arc is giving up the pressure as well...
Comment:
It's a big battle going on now. Maybe it was a small drawing error? My idea on BTC says it may touched "the breaking point" and the rally would continue. In that case this is very good news for XRP.
Comment:
My earlier bearish idea on XRP is more or less the same as this new arc.
