"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected...
seems to be forming a big bottom here
rothchilds been accumulating this coin hard while boomers
like peter brandt continue to short the non existent top
no worries bro we gonna continue taking your money away
from you and buy and island and call it the republic of ripple
this will moon hard and leave BTC maximalists in shocked while\
being stick in their old...
The price has made a bullish channel formation. As the RSI is way overbought at this moment, we believe that the next move should be bearish to correct it. We are unsure whether the bearish move is going to be to the lower channel line and make a bullish bounce from there or below it and move further in the bearish direction after breaking...
Given the recent bullish price action in BTCUSD, XRPUSD has been able to break out of its descending channel formation. Before trading within the descending channel, XRPUSD also traded within a descending triangle formation between May 14 and May 27.
After breaking out of the triangle, XRPUSD spiked from a low of 0.37 to a high of 0.48 before the descending...
XRP has found it's way into an ascending triangle formed by the strong resistance box with the upside at around .42, and an upward moving trendline.
Let me know what you think!
*edit* got my triangle wrong a bit!
Hello dear XRP friends, we're currently breaking out of this channel on the Daily, which is even better visible on the 4H: Zooming into the Russian Matroschka, we can see the small 4H uptrend channel, inside the much bigger Daily channel.
For the case the bulls see follow-through, we definitely would have the potential to...