I had previously drawn scenarios where BTC would take the "normal" route that we all know, where we'd see the All time high, sometime after the bitcoin halving.
But because this time BTC is half a year faster in the cycle than back in 2015/16, we would see the ATH already by late 2020, or early 2021.
However, as I posted previously, if BTC decides to do the gold...
XRPBTC is falling as I predicted here:
Now, many are waiting for the big ripple breakout.
When will XRP finally start to follow BTC?
Well, if we look at the volume profile and the big falling (bullish) wedge,
we see that there are basically two very...
Ripple is trying to get back in the Trading Range. Even if it manages to do so, this weak structure indicates that it will continue its downtrend after taking a visit to the previous swing high and hunting the stops above it. That visit, is our initiation.
Please let me know if you have any suggestions or...
Price Action (PA) Ripple closed above EMA 50,100,200 periods. XRP hit 2862, after correction to 0.5 fib. level. at 2710. XRP was formed double top formation at 0.2862 and 0.2874. Break down EMA 21 periods.
Potential retest green support trend line at 0.2574 and 0.618 fibs level.
Indicators: MACD bearish crossover bellow zero line. RSI around 50 points neutral....
Priceline of XRP / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders below the PRZ level but Stochastic is oversold and in bear cross so for secure trade we should...
The XRP / Bitcoin has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
MACD is changed weak bearish from strong bearish.
Stochastic is oversold and has given bull cross.
I have used Fibonacci sequence to set the targets.
On short term 1 hr chart after forming a bullish Shark pattern priceline of XRP / US Dollar is forming bullish BAT, sofar all legs are driven as required for BAT therefore I am expecting the last leg will be retraced from 0.786 to 0.886 fibonacci and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of...
In my previous chart:
the priceline of XRP / US Dollar cryptocurrency formed the bullish BAT but neither the MACD turned weak bearish nor stochastic gave any bull cross to give us any buying signal and eventually price action broke down the PRZ area and now...
It's been a long time in development but our model is finally ready. Just like you, we are a couple of crypto traders with a red hot passion for this stuff! We also know the challenges of trading and wanted to develop a system that even a new trader could follow with ease.
You can see the recent historical trade signals the model has given on...
Relative Strength Index: The RSI is currently at a healthy 45 points. It has stayed mostly within range the past week meaning that the same trend will most likely continue. Even through the RSI is healthy, the market still seems to be on a downward trajectory.
Bollinger Bands: The price is currently within the bollinger bands after crossing below the lower band...
I don't understand : people are why so bullish on XRP.
Ripple is still the most overvalued shitcoin in the universe - regardless of how much the exchange rate is
Only good for speculations, very massive dump since months, this little upward correction inside a descending triangle was healthy, but not a bullflag anyway.
I think only speculation and hopium is...
With the formation of bullish gartley pattern which I have published in my previous below idea:
The price action was also forming another bearish harmonic gartley pattern and now it is entered in potential reversal zone to hit the targets soon insha Allah.
After successful completion of a bullish gartley pattern priceline of XRP / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone to hit the sell targets soon insha Allah.
Volume profile of complete pattern is showing less interest of traders at this area.
But stochastic is strong bearish and has given bear cross moreover...
We entered the period without a clear trend.
The xrpusd can continue to move between the $ 0.24 support line and the $ 0.26 resistance line for a while.
We recommend taking advantage of low volatility and buying close to support and selling close to resistance
$ 0.25 entry price
Target: $ 0.2660
At the same time that Bitcoin just hitted a huge support lever XRPUSD is also at a triple bottom support level,
we might see XRP recover quite a bit after confirming that its actually going to go up, dont just jump in lets wait for the confirmation.
Check out my previous post on bitcoin where I described in full length how to look for the confirmation.