Price moons on XRPBTC cause sharp turns in each moving average
First moon caused 50MA a U turn
Second 100MA U turn
Now we are approaching the 200MA's turn
The red horizontal dotted line and box in red shows a point where all moving averages were in the state that they will soon be in when XRPBTC makes its moving average U turn
Right now on the MACD we are higher...
XRPBTC looking so good on weekly. XRPBTC pair gave massive breakout frm chart pattern. Soon its going to pump more than 350%.
Keep buying on Every DIPS
XRPBTC has been on three major bull runs, while maintaining an uptrend. Fractal ribbon can be seen to be in the buy zone.. Sorry if the chart is a bit cluttered hard to fit all this information in. Linear regression isn't quite important in this scenario, but i thought it would be cool to see a 0.91 downtrend smash
Are you thinking about buying ripple?
This one lonely trendline is the single most important technical indicator right now!
As long as price remains under it, XRP is clearly not a buy! At least not for the long-term!
If you're not a day trader and you're in the HODL category, then make sure to wait until this trendline breaks before considering a buy!
Feel...
The falling wedge breakout is very possible when price reaches the two support zones. If the breakout happens, price can pump to 0.5 fibonacci retracement level.
Before the next +2X wave, we should have up to 5 month consecutive down trend to go**
Entry & TPs will be shared later.
Good luck!
**Not a trading advice.
#XRP- Ripple is sitting on the 50 week support line.
Fib levels match up w/ 50 week, see if this can hold 7k+ and go to 8-9K, if not expect it to fall to the next level.
