As BTC tanked, bringing the whole market with it i see nothing else but huge buying opportunity. Then again that is at least my thinking right now. It is like going shopping when you see a massive discounts. Never lose sight of a bigger picture (look 4H, 1D, 1W charts), its likely that dumping is already over, if not we could deep a bit into the orange area, but...
At that point it is becoming more an more clear to me that the correction that happened yesterday is all that we got from it as the price very quickly jumped back up. Furthermore, this correction has already presented a 28-31% drop (depending on the exchange). Another reason for a leg up from here, besides the obvious one that we are in alt season, is that xrp has...
Dash has been kind of lagging behind in recent days, but has finally made a new top since 19 Feb. That looks extremely bullish to me. Not only have we successfully back tested yellow descending trend line and made a new top, we have broken through 0.382 fib retr. level. If we manage to break above 0.5 level, we may well consolidate a bit in a 0.618 and 0.786 area...
XRP continues to make new highs, but that doesn't mean it cannot correct for 30-40% from higher targets ... As We are going higher be prepared for EXTREMEEE volatility that will scare a lot of retail investors. From the technical standpoint if we break through 0.382 fib. retr. level fast enough and stay above it for few hours we could continue to go higher and...
So, as we are finally in an orbit with our XRP rocket, we might could expect some reaccumulation happening before continuing our journey to the moon. The pattern that has formed as we broken through our blue resistence line (now support), tels me that we could repeat Nov- Dec 2020 price action, minus the dramatic price fall of course. We have to understand that...
Fib. extension level 4.236 on a DASH price chart takes us to about $3400, where retracement level 0.236 was acting as resistence where it was retested prior the capitulation on 3 Sep '18 (shown with yellow arrow). It is a pure speculation that is very likely to happen now that we are on a verge of an alt season. I am not a financial advisor so non of this is a...
After we break above blue resistence line from where we got rejected two time already. At that point I honestly believe we could just go parabolic after a complete brake through and maybe a retest of that line. It is a pure speculation but we have to take such price movements into a consideration as XRP price is well undervalued for more than 3 months now. All...
A few hours back xrp and other alts underwent a quite brutal correction. I think that with this shakeout, last early weak hands have ben shaken out in my opinion. We could consolidate a bit in those price areas before another leg up. Going back down into new lows is not entirely impossible, but highly unlikely at that point and also considering that this retest...
XRP has finally started to show some great and solid signs, that it is about to take off. This time price is clearly climbing organically. It is retesting every new support and resistence that it makes and doesn't just explode out of nowhere just to fall back down dramatically. After we clear up from current yellow area, we have 2 more major levels to break,...
After setting new high It all looks like btc has started losing its dominance in the market. Right now, to me, it all looks like we could do a correction which would fill the gap in the price. That could very likely trigger an alt season that many of us are patiently waiting for. With correction 2.618 fib. extension level could get retested. I am not a financial...
In terms of percentage gains EOS has a lot to go. We probably wont see prices below $6, maybe even higher, but that is just my opinion from what i see on a chart. Where are at a beginning of a alt season so it is hard to miss a coin that would not have some kind of % gains in it, but to find the right one, you have to look from a bigger perspective so you can see...
Two days back, xrp bumped out of nowhere and all that happened after btc setting new highs. Some say that market has experienced such price movements back in 2013 and if we are repeating that moment we are on a verge of a take off. We must not forget that at the moment xrp is one of the most undervalued altcoin that could provide such unique and useful utilities...
As BTC still did not correct as it was expected, xrp price has been holding on very well and did not experienced much of a impact while some other alts have been fluctuating quite intensely. If for some reason BTC starts to correct, xrp price will most likely fall with it and so if we fall through purple trend line we could expect 20-30% correction with xrp, but...
BTC continues to surprise us with the rise of price. Even though we could say that we had experienced such price movement back in 2013 it is still a long time ago and has surprised me at least. From a technical standpoint we could consolidate with BTC between 3.618 and 2.618 fib. extension level ($63300 and 46600) but could still correct deeper. In my opinion at...
In the last two days we saw BTC and other cryptos rise up in price. If you are new in this space, some of you are probably thinking that btc is done with correction and it's going up. While this is not totally out of the question, as it could still surprise us with setting new highs. I've been in this space for almost 4 years now and would be VERY surprised if...
Even though it seems like ETH doesn't have that much of a % rise up as some other altcoins (400%-600% at most, while some others are waiting for a 1500-2000% gains), it can still be a good buying opportunity as it corrects, especially for a short sellers. We can still expect 400%-600% rise from expected correction point. As far as how deep this correction could...
I know i mentioned this correction many times by now, but i just want to remind all of you that by now, we only had 1, maybe 2 bigger corrections with BTC. That could be the main reason why this correction could be VERY scary and deep, from technical perspective. As correction is nearing its end, crypto news tend to get very negative. Just hold on tight and don't...
While btc is going for another leg down (could not be the last one), XRP and the rest of the market as covered in red also. I still believe that btc has to go down at least 25-30%, so in worst case scenario, if XRP also falls another 25-30%, that would just mean that we are touching a 0.236 fib. retracement level ($0.316) psychologically, thus completing an ABC...