XRP is forming a beautiful ascending symmetric triangle. Right now is going down to reach the down trend line, I hope it will be at 0.76 or 0.77 cents. After that, we must reach 2.4x$ as first target. Disclaimer: I'm not a financial advisor. Play at your own RISK! This is for educational purposes ONLY.
Once we clear $0.96 that's our last area of major resistance. Ape in now or cry about not aping in later.
I can see the same pattern across the bord !! Altcoins are looking very bullish to me ! Refer to my previous post on AltCoin Market as a total - breaking out above ATH recently.... Even on XRP there is a huge cup and handle pattern !!! Look at the OBV - on balance volume - since 2017 and through the whole bear market OBV held up steadily and consistently !!!...
Brief update to my previous trendline analysis of XRPBTC, everyone thought this time would be different with the recent substantial pump (partly) breaking the downtrend, then some SEC stuff comes along and XRP enters full retrace mode just like it has done, every other time. Looks really rather shitty now, with the "breakout" looking more like a bearish retest. ...
It seems just about every coin under the sun has had a mini bull market at once time or another. Few coins have been hit as hard and for as long as XRP. It may be time for a major move. As you can see in the chart, if you look closely, you can see 2 sets of formations, which are fractals of each other. If XRP is repeating the same pattern, based on what I can see,...
Moving averages have still not crossed to the upside... BUT a clear strength is showing up on the RSI relative to Bitcoin. XRP is very likely to outperform BTC and we know that when it happens, it will be significant !!!
Things are looking good ! XRP BTC pair showing future outperformance of XRP relative to Bitcoin. On the XRP USD things are looking great as well.
Despite the general bearishness and the below 20 cents targets formulated by the bears.... I say we probably have seen the bottom of the recent downturn ! We broke out of the parabola and made a successful backtest of the broken long term downtrend (now support) line !! This level corresponds also to the 0.61 fibonacci retracement of the recent parabolic move that...
0.28 level offers long term support. It coincides with the parabolic price progression of the last month. This can be considered a relatively safe entry point if you're not aboard yet. Not financial advice.
After final backtest of the support line, XRP started to take off !!
Xrp momentum is here, it's time for ripple army to see some profits. Long on the breakout, retested and now far away. Expecting test of 0.30 cent. I wish i was XRP maximalist at the bottom. GOOD TRADING
XRP breaking out finally on the daily chart (same for sister XLM). Decent volume ! Parabolic progression on RSI shows how strong this movement is. I LIKE WHAT I SEE !!
XLM making a significant break out (as big brother XRP). However this looks way more significant and CLEAR on the chart !! If this break holds it could be THE final needed confirmation that XRP is on the verge of a Bull Run !! I LIKE WHAT I SEE - FOR XLM AND XRP !!!
Price tested the support (former resistance) and we eventually will go up from now....
Cycles pointed to 6th January 2020. The apex of the wedge pointed also to the Epiphany.... XRP USD looks great ! We could be on the cusp of a major breakout !!
The moment on which one of most famous Bitcoin promoters drops Bitcoin !! This date is probably not as casual as it seems ! Cycles point to a XRP bull run.... Maybe the time has come XRP arises as the new King !!
Everything points towards 6th January 2020 !!