Retracement to the 0.50 Fibonacci level (excluding wicks from the count). RSI backtest from the breakout. MACD ready to turn... XRP is looking strong ... and my expectation is: IT WILL NOT LOOK BACK !!!
Retracement to the 0.50 Fibonacci level (excluding wicks from the count). RSI backtest from the breakout. MACD ready to turn... XRP is looking strong ... and my expectation is: IT WILL NOT LOOK BACK !!!
Long term (10.2019) price objective: With an estimated BTC price of 100'000 USD in October 2019, old longterm trend lines point to a Price Objective of around 46 USD.
I am concinced that it is the right time for XRP !!! Even if the market should be bearish as a whole, the indicators tell the true story of XRP !! The MACD cross on the weekly is about to happen - and the distance between one cross and another is every time the same - EXACTLY 273 days !! On both occasions another indicator, the ADR (Avarage Daily Range) behaved...
THIS IS THE RIGHT TIME ... for XRP to break out !!! From a cycle analysis and from a time standpoint, this is the right time for XRP to break out !! In previous cycle we had a 1 - 2 - 3 - 4 - 5 wave, followed by a steep decline into a cycle low before the big breakout. Time distance from breakout march 2017 to december 2017 is almost the same as from december 2017...
From a cycle analysis and from a time standpoint, this is the right time for XRP to break out !! In previous cycle we had a 1 - 2 - 3 - 4 - 5 wave, followed by a steep decline into a cycle low before the big breakout. Time distance from breakout march 2017 to december 2017 is almost the same as from december 2017 to september 2018. Let's see how this plays out ...
This is a possible outcome for a retracement to the 0.61 fibonacci level. For those who missed the move they could place an order on 0.25 cts of EUR right on former resistance (now support) of the descending wedge. I bought before, during, and at the end of the move. Will continue to accumulate at 0.25 cts.
I think the whole Crypto Market is about to take a hit !
We have a mini H&S formation inside a bigger H&S formation. If this plays out correctly as it should, we will go donw inside the channel again.
We have a negative divergence on the RSI. There is a strong probability that we are headed lower, back into the channel and thus towars the BUY ZONE !!
Do not think it will continue....
Back in December 2017 the MACD cross preceded the breakout 1 week. This time should be no different. Quietly waiting for MACD CROSS in mid October 2018 !
Cryto Market in general is receiving some love. Are we still headed for the BUY ZONE ?? XRP broke the descending resistance of the bearish wedge of which it recently broke down.... Will it break out of the bullish wedge and turn bullish ?? ... or will it turn back down at resistance and fall back sharply into the BUY ZONE ?? I HOPE THE LATTER COMES TRUE FOR I...
Crypto Market in general is receiving some love ! XRP already broke out of the descending resistance of the former bearish wedge... Will it break out of the bullish descending wedge and turn bullish ? ... or are we still headed for the BUY ZONE ?? I HOPE THE LATTER !! ... I STILL WANT TO BUY MOOOOORE !!!
Nobody thinks that is possible !! XRP at 0.13 EUR or 0.15 USD. I am waiting for it !!
13 september 2018 could mark a turning point