XRP / USD TA
Here we are looking at a very strong trend line which will turn 666 Days old on March 20/21 as it has supported XRP since early 2017
With potential target being at $172, it's is by all means not confirmed and can only be visualized through the unconfirmed resistance line of this widening wedge, however in reality value can rise to either lower or...
The Adam part of pattern is a sharp downward move, with a sharp upward move back up. I highlighted those days in red.
The Eve part is the rounded bottom, which occurs afterwards, that I highlighted in green
I trade positive reversals, so I would potentially be buying the bottom of the Adam section or the bottom of the Eve section. If you were shorting, you...
Here's a simple trend line analysis on XRP's potential price at end of this year (EOY 2019).
XRP = $12 by Dec 30, 2019.
Note that the main initial macro target I'm keeping my eye on is in year 2020 (next year), and that target is $20... after which I expect some form of significant correction again below $10.
So I won't sell much of my XRP at...
A group of altcoins has reached rock-bottom twice now and they seem ready for a bull run. Good time to enter a position on coins listed in my Altcoin Index after doing your own research. Always use a stop loss, and good luck in your trading.
It's always hard to try and predict any altcoin but identifying all the possibilities is a good start. I would say, in my opinion, that this is a good entry but if it breaks support we could bounce off the next level. Enter, set a stop-loss, go enjoy life until it plays out
I have been looking at XRP for a while now. There was a hint of optimism mid June that XRP was finally having some kind of bull run. It was printing bullish impulse waves, everything was looking OK but unfortunately, as with all bullish runs with XRP it ends up retracing right back to its main support level, again, and again, and again.
Not much in-depth analysis here as its a fractal that caught my attention. XRP not showing much movement through this entire market uptrend in 2019. ranging within 100% of itself (.26-.45), while other 'major' high caps are anywhere from 3-5x for the most part.
Call it controlled, call it manipulated, it doesn't really matter....it's been here before and we've...