CodexHTML

XRP/USD upside coming

Long
Aside from popular belief that there will be one more leg down on XRP, I believe we have seen the worst for XRP. I come to this conclusion after charting some of this data with the volume, 25 EMA, 55 EMA, and the RSI. One can clearly see on the chart what happens when we have a golden cross from the 25 and 55 ema and vise versa. When it crosses down we are met with substantial downside and when it crosses up we have big run ups. I circled each of the cross overs on the chart to make them easier to recognize. Also, the RSI seems to have some positive divergence as well as not being overbought on every time frame. I am long on XRP from .20, so I tried to give this with as little of a bullish bias I could, but that seems difficult for how bullish the chart has developed.

Another coin that has caught my attention in a big way since the moment I bought it in January is HTML coin (used to be HTML5 on yobit). After the addition of tradingview to bleutrade, one is able to make better assumptions where this coin will be headed. HTML is getting listed on Hitbtc in 6 days or less, and is expected to have a major run up because there is 50-60 x the amount of people on the exchange at any given time as well as the huge increase in volume from exchanges. I have charted HTML with just the EMA 25 and EMA 60 showing the golden cross over that XRP is undergoing as well. The HTML team has gone under a transformation of their website and promect as well in the past 2 months, which has been recognizable by the community. We are in good times for crypto, so dont let anyone else tell you otherwise!


I am not a financial advisor just stating what I see in the technicals.

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