I'm not a fan of fractals that move across the channels in the same manner, it makes me feel like there is something wrong, since according to Elliot Wave theory, there should be an alternation that happens, and would not support such a similar price action, but nonetheless, here it is.
I must admit, some of the movements are eerily the same.
If this fractal...
Opposite of my last chart, which indicates that there is some hope for a potential wave 1 up, and now in a wave 2 correction, this post articulates the potential for a very bearish scenerio upon us! This chart is necessary, although never popular, since most charts that get a ton of reviews revolve around some MOON shot higher, and of course, why not? We all want...
This wedge we're looking at spans over a year, 518 days. Since May 2018, price has been consolidating.
Yellow lines = 4H levels
Red lines = daily levels
Purple line = weekly level
Now in May 2019 we see that aggressive spike up and test of the top of the wedge multiple, multiple times. Actually broke out of the wedge, then moved back in a day later. It dropped...
Hi friends! Welcome to this update analysis on XRP! As you all know, everyone had mixed emotions about my last XRP analysis, which illustrated how there is a technical path for price to rise north of $200, based on a possible rally off the bottom of a massive uptrend channel, which could happen later this year. The majority of the comments that expressed...
Weekly Levels = Purple
Monthly Levels = White
XRP moves a bit different than BTC, ETH, LTC, etc.. It is a coin that moves in silence and just when everyone thinks its dead, it has parabolic rises of over 1000% within a month or so.
As you can see here on the Weekly XRP chart, the 1st wedge consolidated from April-Dec in 2017. Roughly 10 months. From there we...
welcome to another free signal!
Important: We need to see a clear breakout above trendline into the Neck-Zone.
After that we want to see a rejection inside the Neck-Zone or Resistance-Zone and can buy.
Buy-Zone: 0,30639 - 0,30331
Reasons for open position:
- Price in triangle
- Price near resistance zone
Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would like to see it.
Also, you can ask me questions which you have in comments! Please no need to write them in PM, ask in comments!!!
Fear not XRP army! XRP has been in a massive uptrend channel it's entire life! So many people out there in the crypto community have negative opinions towards XRP, but here's what it boils down to. Despite what you may think, cryptocurrencies aren't going to destroy governments' and banks' monopoly on money. Banks and governments are going to adapt and they're...
I think that we could see until next week a further retest of the upper trendline at around 0,47-0,48$.
If we pullback from there I expect another Sell-Off, followed by a further consolidation in the current Multi-Year Triangle with a short lived and sharp down spike to fullfill a retest of the 0,19-0,20$ area.
So we could expect a new Bullrun at the beginning...
Since 10 months XRP is in a consolidation area between 25 and 60 Cents and it looks like the same situation it had around December 2016 (not 2017!) but with a considerably lower volume.
According to my Elliott counting it is still in final subwave C of wave (4) and the market is deciding where C should end.
Therefore it has formed a descending triangle which...
The wedge we're looking at spans over 400 days starting on August 12th, 2018 and should breakout before September 28th, 2019.
This month, August, we should just see XRP accumulating between 0.30-0.32. The Monthly chart confirms this, you can look at it for yourself.
September is the month our lives will change. At this point, $XRP has accumulated enough to test...
Don't get carried away by the recent price action. XRP is simply copying the pattern of the 2015/ 2016 cycle. Based on that we less than 5 months away from the next mega bullish break out that has first target the previous All Time High.
Keep it simple. It is a cyclical process.
Will the seasons rhyme?
We can easily x3 within a 42 days span....
How? Well this is the nature of XRP..its Impulsive then ripples in waves.....just as expected...nice...slow...growth...that has a formula comprised of the properties of a "Ripple"
You will truly see the power behind XRP when the frequency starts to turn up.....watch this video to show a quick...
Xrp is probably going to shake out hodlers, expecting a possible false breakout of the pink smma, followed by a fast reversal to hit around .50$ area, a correction, and another impulse to the .90$ area (timeframe is not accurate).
Would also coincide with the Monthly Smma.
Scenario possibly to happen even if Btc...