My wife has gone missing and she's taken my wallet... lucky I don't hold cash anymore only Crypto ;p
Marked on the chart we have a lovely zone of resistance that has been used before, so we are expecting bullish movement up to this area and then a bounce and some bearish movement, that's what the technical analysis is telling us.
On the other hand if we break...
Welcome to my weekly TOP DOWN ANALYSIS. Quick review of what im seen this week in the crypto markets.
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"Always trade what you see, not what you think its going to happen"
Haven't really been looking at Crypto lately due to other obligations but a friend of mine asked my opinion on XRP and if I thought it was entering a new Bull market soon considering BTC has hit 9400.
Drew this out real quick and thought it was interesting enough to save so I can remember what I did. Explanations are on the chart.
Opinion: Currently no signal...
Are we fucked? Ripple is taking too long, other big tech companies are seeing what cryptocurrency can do, and now we have the zuck trying to be the big global leader.
Facebook cryptocurrency is also reportedly supported by:
Coinbase – cryptocurrency wallet and exchange platform
BisonTrails – infrastructure-as-a-service company. Its platform enables...
XRP is back to $0.41 after that manipulative move on 9th June. The gap is fulfilled. This region is crucial for movement in next weeks. Looking at 1h time frame, XRP is moving in declining range; making lower lows, lower highs. Breaking that channel to upside would lead to $0.45 target. On the downside there are supports on $0.37, $0,35, $0335 regions. Even though...
Im sorry people but for right now XRP is just doing what other shitcoins are doing... nothing. Is this a good sign? well maybe if you look at it that others arent moving that much. But looking at it like this. XRP is one of the most known ones.
Yes im long on XRP and i hold a good amount of them, so we just should wait for now before the ''alt season'' begins or...
1H Chart Explanation:
- Price is on a range.
- It bounced on a Support Zone and is currently on a Descending Wedge.
- Bullish Divergence on MACD.
- If price breaks the Descending Wedge, it has potential to move up towards the top of the range, to the 4H Descending Trendline at 0,46573.
You can check our previous analysis on XRP and our Top and Bottom View on the...
Hey! I am back with another Idea, this time looking again at XRP.
Some time has past and XRP has broken the overall uptrend line. I thought after that XRP is going all the way down to 36 cents but soon after the uptrend was broken, I found out that there is still one more uptrend left.
After the first sharp uptrend was broken, strong price action down was seen...
What do we have here?
Looking at XRP on the weekly. First thing that jumps out to me is location.
Location looks great. Investment grade. Throughout the later half of 2018 and in to 2019 we based right off the original market structure breakout level at $0.2999 in 2017.
Certainly not in shorting location on this weekly chart.
The 2018 lows at ~$.0.24 seem...