After researching on some of the older XRP charts that no longer are available on tradingview i drew the 2013 peak based on backwards day calculation and connected it to the peak of 2017 with the fibonacci channel tool.
Many of the fib lines aligned perfectly with the trend. And therefore i see XRP going sideways until the end of 2020 and the 4 year cycle completion.
Many of you maybe will get disappointed with that analysis because we have to wait one more year, but look at it from the bright side ( alot of opportunities to make money from that sideways chop until the end of 2020)
Conclusion:
Just keep buy XRP on every daily/weekly oversold RSI/STOCH and u will make money. The risk/reward is still in a very good position.
We might get a pump of the 0.786 fib but it will eventually get in a new chop range until 2020
To the moon
Many of the fib lines aligned perfectly with the trend. And therefore i see XRP going sideways until the end of 2020 and the 4 year cycle completion.
Many of you maybe will get disappointed with that analysis because we have to wait one more year, but look at it from the bright side ( alot of opportunities to make money from that sideways chop until the end of 2020)
Conclusion:
Just keep buy XRP on every daily/weekly oversold RSI/STOCH and u will make money. The risk/reward is still in a very good position.
We might get a pump of the 0.786 fib but it will eventually get in a new chop range until 2020
To the moon
Comment:
we are getting there. ohh boy this will fly
Trade active:
We are still looking very good here. If we get down to 0.15(lowest trendline) and close above that price in Weekly timeframe it will indicate a huge buy signal.
The risk/reward is very good.
I hope yall made some good money on that chopiness
The risk/reward is very good.
I hope yall made some good money on that chopiness
Trade active:
First shortterm target of 0.33 should come in in a couple of weeks
Trade active:
Looks very good right now. I am still looking for 0.32 area to be reached. We have a 200 week MA as a resistance point there.
Happy trading
Happy trading
Trade active:
Even if XRP havent had its glory yet. The chart is still very bullish guys, and as of now still quite on point.
XRP will eventually break out to the uppside. And when it will, it will shoot straight upp.
i recon it will happen in sometime april/may 2021
Take a look at the (poloniex DOGE/BTC) and compare it to the (poloniex XRP/BTC) XRP is doing it last drive down against BTC. its allmost done
XRP will eventually break out to the uppside. And when it will, it will shoot straight upp.
i recon it will happen in sometime april/may 2021
Take a look at the (poloniex DOGE/BTC) and compare it to the (poloniex XRP/BTC) XRP is doing it last drive down against BTC. its allmost done
Trade active:
its happening. Just dont sell
Trade active:
Do not sell. I repeat. DO NOT SELL