The global financial "day of reckoning" seems is getting closer everyday, and as the pressure builds in the banks, and financial markets, lots of new money is entering the crypto market. XRP is likely to pull back to the 100 d.m.a (the yellow line) before continuing the uptrend.
The following chart has some levels to watch for XRP in the next few days. Even if the super bullish path slows, or retracts, the thicker white lower trend line would be a good guess as to the lower trajectory in price. For reference. * The yellow line is the 50 day SMA. ** The stochastic is set to 60/1/3.
Cardano not only has incredible utility, but it is massively undervalued at current prices. Most investors don't just hold ADA because of it's mind-blowing price appreciation potential, they hold it because they know that it will play a substantial role in the coming digital revolution. Even a novice can look at the current chart and see that something big is...
Here's my most recent trade setup for HBAR through now to mid February.
The pattern looks like a good spot to start a long position, or D.C.A. on an existing one. Although, I think we will see it go down and bounce off the bottom white trend-line around $.03 before it breaks out of the wedge.
SOL looks like it could be heading back to $29.67, and could easily push up to the $35.23 level in quick succession if the volume is there.
Here's my XRP trade set-up through to January 1st 2024. I'm running my stop at a 50% sale, so if I'm wrong only half of my position will be sold.
Many traders got caught up in the recent Flare bull-trap. Big losses are about to stack up in the coming weeks if this trend continues.
I've been watching Flare for quite some time plotting a potential entry for a long-term hold. (See my previous posts on Flare.) This chart shows that each time the histogram on the MACD is green, once the green bar turns white it signals a downturn in the price (as indicated by the red arrows), and those signals thus far have acted as a barrier that present...
XRP is now above the 200 day moving average on the weekly chart which is a good sign. It's not a guarantee that XRP price will rise, but if you take into account other factors, it can make it easier to time out trades. At this point I think that HODLing long term is the best play. The dollar, and most currencies around the world are losing value rapidly, and we...
Flare has been on a run the past 8 days, but if you look at the chart I've provided you can deduce a great many things. Since Jan 11, 2023, Flare has printed a total 11 challenge highs on the chart. Only one time has it broken the previous high, and that happened on April 11th breaking the previous high set on March 28th, (This area is indicated by the green...
XRP has been on a tear this past week, and there's no sign of it stopping anytime soon! I think we will easily see XRP gain 20% to 25% in short order. I think there's a good chance that price will hit the bottom trend line of the developing wedge pattern first, but it also may not. Watch the top trend line as your key indicator, and adjust it as needed to help...
Every XRP holder wants to see XRP go to the moon, but the problem is high percentage gains that happen quickly rarely hold. XRP is now gaining at a nice steady pace which will tender a much better final result. Bottom line is this, we want investors, not speculators. We want long-term holders, not 5% flippers. The higher quality the investor, the greater chance...
The last time XVG charts looked like this it ran 25X over the next 6 months. Let's also not forget that it's one of only 9 ISO 20022 compliant crypto-currencies out of the entire crypto-sphere! Don't miss it!
XRP is at a crucial juncture. If it breaks below the lower trend line it will be an utter disaster going possibly as low as .16 - .23 cent range. If it gains momentum it could easily run to the upper trend line range in the 1.19 range. If it breaks that then hold on tight!
I think we'll see HBAR bottom out at the bottom trend line of the descending wedge pattern around the .0445 level. After this we will ascend to the top trend line hitting it somewhere around mid to the end of December. If HBAR price can break the upper wedge then hold on tight!
A nano price to total coin supply makes you realize really quick how fast it could move north given the right conditions and volume. Nano is by far the most energy efficient crypto on planet earth and I think this will be a big draw for users in the future.
Life in itself is one fractal attached to a much larger fractal. Verge may be setting up for a possible repeat here. I spotted this pattern a month or so ago, but it appears that if this pattern does repeat the time of its ascension is getting close.