Clean and simple market structure. A bullish break forming higher highs/lows. A higher high was formed which then led to a small correction. A double bottom has formed followed by a break of its previous lower high signalling a reversal in structure. Looking for wick rejections/bullish momentum from the previous lower high
xrp usd channels for the foreseable - waiting to see what happens
XRP has now finished its flag and assumed ascendancy at the midpoint of the correction, So it would appear to be preparing for a bullish trend to hopefully challenge the previous high of £0.47, if this is mark is broken I would expect it to achieve £0.55 before another consolidation. Buying opportunities after the 22nd perhaps, If the exchanges allow US access,...
Bollinger Bands are showing XRP as consistently oversold - potential entry point?
I'm no expert and new to analysis, however i've applied a few indicators to XRPGBP, the MACD is accending and moving positive with the signal line just crossed, the bollinger bands indicate an upward trend with and expanding band. RSI has just emerged from an oversold position, with this I anticipate that it should achieve a significant gain. TP of £0.71 given the...
corrupt yanks, trying to figure this one out, They don't want people to be rich so my guess is look for a boom and start cashing out as soon as we lift off, once the yanks can start trading again then be very careful ,could see a huge sell off before once the yanks are allowed to take profits the rest of the world has early access to the freedom of buying and selling xrp
current setup can be traded as long as the setup remains valid
Today's ultra bullish chart - press play tomorrow to see it fail lol ;)
0.36 is the perfect opportunity to dip buy as the currency struggles to fall below the indicated resistance
weekly 7ema tapped, few days to recover the diagonal trendline 12h shows convergence in the making, once scooped price will move up