XRP is trading in the daily range zone between $0.593 and $0.65 where we continue to see a boring sideways price action.
An inability to sustain the price action above $0.593 will lead to a decline to $0.543 and we will see a considerable slow down in the price momentum.
A bullish break-out of $0.65-0.675 , the key daily resistance zone, will result in a re-test...
After finding a resistance at $0.73, XRP is confirming $0.65-$0.675 zone as a support, which is highly positive
I expect this support zone to hold.
XRP is gearing up for a bullish rally to the previous local high at $0.93 and, possibly, higher.
A daily candle closure above $0.73 will result in a move towards $0.79 and higher.
An inability to sustain...
Now, XRP lacks the momentum, however, it will change soon.
Today, it again tested the key daily support at $0.593 and we saw a bullish rejection.
It has to move to above $0.65-$0.675, the key daily resistance zone, for bulls to take control and move price to the previous local high at $0.93.
A daily candle closure above $0.675 will result in a bullish rally...
With the fall that happened in the market yesterday, Ripple seems to have not lost its decision to grow and has the possibility of climbing to the range of 90 cents.
In the time frame of 15 minutes, the price is fluctuating above a price block, which is likely to fill it as a market value gap and then start its growth.
It is possible that the price will drop to...
#XRPUSD Long trade went in yesterday morning. Still showing price action high enough to stay in despite a slight pullback. Not closing this trade without an 8Hr open and close below $0.793.
Strawberry Full Moon Lunar Eclipse: 6/5/2020 @ 3:12pm EST
The IMF's original eXchange Rate Pegged concept, it's time XRP finally gets that red carpet treatment worthy of the Greatest Digital Asset Ever Created... Buckle Up, Folks. Takeoff Imminent!
Cheer Future Cryptonaires!
XRP THE STANDARD
This is a daily view on XRP
I am drawing attention to the most common "golden cross" in charting: when the 50 SMA crosses above the 200 SMA
What I am specifically drawing attention to is the following:
- During our prior 2017 bull-run, it took the 3rd golden cross to enter our bull market (SHOWN BELOW)
- The first 2 golden crosses (red circles) resulted...
I'm neutral on bitcoins next move. Notice how its forming indecisive doji on the weekly chart in the same range it played it's big move down to 3k in the green range history. Key level for entries is to buy the breakouts out of this zone. I think it will be a strong move when it happens. / buy deeponion
www.youtube.com
Be thoughtful this Christmas.
If your cup is empty...let it be full again.
Love you all. Thank you for making the world a better place each day.
From a friend among-st the RippleNet.
