This idea I will explain in 2 different charts. This is the "micro" (and the super micro is seen in the 1 min chart).
I'll post a 72min chart next to this one where one can clearly see the levels.
Anyhow, consolidation is taking place at the 0.5 and currently at the 0.382 level.
This las micro pattern of consolidation has an entry point at 53.11 (remember this...
AAVE was the best performing crypto in the last 24 hours, gaining almost 13%. AAVE's gains are no coincidence, coming as the result of a classical trendline breakout signal that has the potential to signal a bottom.
Trendline Breakout
This is a fairly notable trendline, both because of its age and because it connects all the peaks printed in 2022. The breakout...
1T Market Cap was reached violently, topped at 1,117T, in three weeks starting from 577B on March 25th.
The option of an accumulation area at this level is now reasonable.
February ATH 700B was followed by a month and a half of retracements and accumulation. Now the RSI is in overbought area as well as in February in the daily chart, but the weekly chart is still...
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...
