XRPBTC made a nice rally after the completion of the harmonic butterfly. We had a nice swing until the .618 fib region. Expecting a further decline overall for all *BTC pairs here as BTCUSD prepares for another run up.
Buying again in the 21xx range.
Expecting stability or upwards movement for XRPUSD.
After the descending trendline broke we had a succesful retest of the trendline meaning hidden bulls are in the game. We’re seeing a descending channel now with broadening wedges. thepatternsite.com
Observing the break of these.
It’s time gann said. XRP has been hugging the 1/1 line long enough for a breakout to happen sooner rather than later. A new cycle is ready to come and will start with a straight up. Santander/Apple pay or the G20 top could be triggers.
GU is resting in a support zone after BoE's rate hike. The support zone is combined with the yearly pivot giving the zone some strength. A trend line is going upwards supporting the price. We're in an upwards linear regression channel as well.