Im not a big fan of XRP, but on the Stoch RSI, whenever the blue line crosses the orange line (on the monthly chart), XRP/BTC pairing explodes VERY HIGH.. Meaning whales will move funds from bitcoin into XRP, therefore exploding to the high side... I have made red lines as shown here to predict when it may cross. If it follows the current projection, it looks like...
Wat zie je op korte termijn een falling wedge ( paars ) dat wil vaak een opwaartse uitbraak leveren.
Je kan ook zien dat die op de zwarte lijn steun vind. dus de hoop is eigenlijk dat die vanaf nu naar boven klimt voor een uitbraak op het paarse patroon.
Op de langere termijn zie je een cup and handel ontstaan ( groenen bogen ) als die paars uitspeelt dan...
An idea for XRPBTC
Using Fib circles to view areas of support and resistance
It is in my view that if there is an equal number of support / resistance touches on the same fib ring, a cancellation occurs
Upon 1.618 there are 2 resistance touches, while 1 support touch
Using this we can assume the rest of the .618 touches or (uneven) support / resistance touches...
A giant Hidden bullish divergence on the weekly timeframe can tell us only one thing.
We all waiting for that moment because simply it will happen again. When? Very soon.
If you don't think that this coin is undervalued do research and you'll find out why is this being calling a standard.
XRP had drop below its historical trendline for the first time ever on 29th December 2020 and had struggled to get back above up until there was a manipulated and intended pump which become a dumped at the end.
At the time I ignored that it had gone back above it because of the orchestrated pump, however this recent dump had XRP again below the historical...
Due to the SEC case XRP went through tremendous price crash (FOMO).
1. Weekly RSI (2) went into oversold area under 10 three times.
2. At the moment it is making a HL in this time frame.
3. Weekly & Daily PSARs are above price chart - Daily 19 days stayed above & Weekly for 10 weeks.
4. And MFI is interestingly showing a vivid accumulation during the last 658...