Hello all,
Down and Dirty!
1) 1.15 or 1.155ish is important because a close above that level is good for all tech analysis and marks bullish run.
2) XRP is trying hard to get there. BTC is breaking to the upside....pretty hard but spillover has not happened yet.
3) If BTC takes a correction that will correlate to XRP and A pullback to the 96-1.06 range.
4) If XRP breaks above 1.15 then expect to move to the higher fib at 1.26. There could be resistance at 1.19 for structure but I would expect a continuation.
5) Earlier in the week, i mentioned a 1.40 target and that is still in play.
6) XRP is forming Higher lows-that is a good sign!
7) Volume is light right now but Its late Friday in the US and Early Sat everywhere else. Especially-All of Asia-Happy New Year!!!
8) The MACD is slowly heading to the upside. A crossover will signal a buy.
WATCH 1.15ish A close above that is bullish!!
Down and Dirty!
1) 1.15 or 1.155ish is important because a close above that level is good for all tech analysis and marks bullish run.
2) XRP is trying hard to get there. BTC is breaking to the upside....pretty hard but spillover has not happened yet.
3) If BTC takes a correction that will correlate to XRP and A pullback to the 96-1.06 range.
4) If XRP breaks above 1.15 then expect to move to the higher fib at 1.26. There could be resistance at 1.19 for structure but I would expect a continuation.
5) Earlier in the week, i mentioned a 1.40 target and that is still in play.
6) XRP is forming Higher lows-that is a good sign!
7) Volume is light right now but Its late Friday in the US and Early Sat everywhere else. Especially-All of Asia-Happy New Year!!!
8) The MACD is slowly heading to the upside. A crossover will signal a buy.
WATCH 1.15ish A close above that is bullish!!
Comment:
BTC has crossed 10.4K
Comment:
btc is approaching 11k and XRP is stagnantly stuck at resistancr50 EMA
Comment:
50 day Reisistance on the daily
Comment:
BTC blows through 50 day
Comment:
4 hour ripple confirms 50day is a bugger!
Comment:
Dear all,
I misstated the last update. The 4 hour 200 ema is holding confirming the 50day ema on the daily. This is a tight zone. Many apologies.
I misstated the last update. The 4 hour 200 ema is holding confirming the 50day ema on the daily. This is a tight zone. Many apologies.
Comment:
Well, its good to see that XRP has broken the 1.15ish rang and closed above the 50Day on the Daily. I still believe the continued slow momentum, will take us to the 1.26 USD and hold there for a bit.
XRP is young and is showing signs of EMA resistance/support and Fib resistance/support.
The dailiy MACD is crossed and still indicates upward momentum is in store.
XRP is young and is showing signs of EMA resistance/support and Fib resistance/support.
The dailiy MACD is crossed and still indicates upward momentum is in store.
