Hi friends! Welcome to this update analysis on XRP! Let's get it! Looking at the weekly XRP log chart, we can see that XRP has been holding the bottom of this massive rising channel for WEEKS! And just this morning, we started to see a nice pop to the upside, off of the bottom of the channel. While this is a really healthy thing to see, XRP isn't anywhere near out...
XRPUSD began to skyrocket. Now the price is at the resistance level of 0.305 from which I expect a pullback to the support level of 0.285.
And from this support level you can buy with the target to an important resistance level of 0.34
. Ripple/Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.
. There is a possibility of temporary retracement to suggested support zone (0.28000to 0.24000). if so, traders can set orders based on Price Action and...
Hi, Traders !
Monfex is on the air ! Another update on our previous brilliant idea is at your disposal!
What have we predicted before:
* If you refer to our previous analysis, you will see that the first forecast target of $0,31 was precisely correct.
* From now on, we expect the bullish momentum to stay on the track with the next target at $0,40.
* If the...
XRP went higher than expected in my previous plot (click).
But the basic "12345" impulse then "ABC" correction applies.
We currently in a "decision zone" between 2 different paths.
Top chart shows how our ABC "might" be completed already.
The wave being from .618 retracement to -.618 extension.
Break below the -.618 ($0.0297) makes this option Less...
Well, I decided to post what I guess most of you have seen by now - the XRPUSD fractal. So far a very good correspondence to 2016. Honestly very shady if you ask me... ok, well probably just same algos, right? Probably. It's the simplest explanation. Quite interesting that it is so similar. I mean it really shows how much this market is dominated by a very small...
XRP fans i see this big picture setup we dump in this huge triangle , that's old news but what's cool is where back in it . HOURAY !!!!!!!!!! so id like to see us consolidate and form this right shoulder to have a potential Head and Shoulder , that be pretty cool , but don't forget guys that we keep creating this lower Hight we need to get out of it , we can dream right ?