XRP and its pairs have always been one of the hardest pairs for me to trade. When I get it right it pays for all of the other trades but often I feel like it isn't worth the bother. I even repeat the advise I hear from others, being short the break outs, and I let those trades go by because I hate this coin so much.
But the evidence is starting to build that XRP is staged for a move. And when it moves we know it moves. Here is the link for the 9 seasons indicator if you want to dig into the details
The main chart has my long set up. The 3 and 4 st . dev. are use for target setting and the and histogram have been optimized cross market by th fine fellows at ETFHQ.com The on the helps us predict when reversals can occur because the pulls away from the extreme and it hels us recongnize that. And crossing the base line is used as an entry signal, and so are any divergences on the histogram or the histogram crossing zero.
The 9 seasons and side show we are moving bullishly from one to another, and confirming one after another as . The 12h chart shows that on the three lower settings we are , on the 4th setting a flow has been found, and on the longest term setting we are in a weak bear market, which should evolve into a setting, probably a weak bull market first.
Using higher timeframe setting on XRPETH we can see XRP is, on the weekly chart, staged for a massive move against ethereum over the next couple of weeks. There are some really long wicks on the chart as price action hops out of the 4 st . dev . If you find yourself wanting to FOMO in, do yourself a favor and check the weekly BB bands.
The Nine Season Rainbow situation has a bull market on the for the lowest three settings, and a floor in for the highest two settings. Once again, price action is progressing bullishly though the EMAS.
Below we have a very simualar situation with XRPBTC . Price has struggled and prevailed against the baseline on the weekly XRPXBT chart, the histogram has gone positive and the has pulled away from the ald looks staged for a big move. The history is pretty tricky to be predictive. It does pop out of the 4 st . dev. with some vigor historically and som time it does it two weeks in a row. Clearing the base line does appear to be the best signal for the weekly XRPXBT chart.
The Nine Seasons rainbow on the daily also looks encouraging. The lowest 3 time settings have us as and the 4th is calling the floow and the last has a weak beark market. Once again, price action is progressing through the EMAS bullishly.