My long term XRP projections are finally coming to reality. Time will tell if we were correct and wise or naive and hopeful. Weekly chart is attempting to flip a major resistance level. Will see a fast move to test previous ATH following current resistance turning support IMO. BTC is currently 3x its all time high... for XRP to be similarly priced would...
A title with two meanings. Sparks will fly when the SEC makes their move with at least some knowledge of the lawsuit on Feb 22. Maybe a resolution but I'm certainly not holding my breath. The sparks will come from price exploding in reaction to whatever is learned. The outcome could be bearish or bullish. The second meaning refers to the literal Spark tokens...
MACD and Stochastic looking well rested. MACD could fail to find support and fall to the negative zone, with a further sell off. Risky play due to the recent gains and overbought conditions on other timeframes. However, when only considering the 4hr chart. I like what I see. Place Your Bets. Not. Financial. Advice
This is only a short term idea. There is a death cross on the 1 hr chart. 4 hr chart showing us some hidden bearish divergence. Daily chart is struggling to climb above the 200 day moving average. Weekly chart could find support around .25c within this weekly candle. That would set us up for a huge bullish move as early as next week, with Stochastic RSI set...
Price is compressed. Indecision in the market. Not Financial Advice.
There are many bullish things to say about ZEC but I will limit this post to just one... Market Cap: $1,094,617,158 Trading Vol: $2,576,483,725 BOOM. Not Financial Advice.
Looking strong across multiple timeframes. Need to break above the overhead resistance to get excited. Would then need to see $100 range hold as support. That being said any market could fall drastically in the current world climate. Its a risky game betting your way to wealth. Everyone is quick to say if btc falls alts will too. .... Crypto is going...
This is a short term view on ZEC On chart there is a setup across the Mac D, Stochastic RSI, Volume & Price Action (finding support above moving averages) that mirrors a previous reversal in January of 2020. Following this setup Zcash saw a near 200% move from beginning of January until basically Valentines day. Price rose from around $25 to $75 (roughly). ...
The setup I've been pointing out is at hand. Lets see what is the outcome! Every time I want to sell this asset I am lambasted by the irony of this situation. Regardless of the SEC issue and the ensuing bloodbath XRP has endured we have been consolidating in a price range that was very crucial just before the 2017 pump. The SEC thing is far from over and could...
This coin makes big & fast bullish moves. It's been lagging relative to the rest of market. I see a short term opportunity here. Potential to retest August highs. Not Financial Advice.
Bullish cross on Mac D daily chart will cause a strong reaction, especially in the current market climate. However, XRP remains a tricky situation as dark days still lie ahead Jan 19th US exchanges will be suspending trading until further notice with market leader Coinbase pausing XRP trading the 19th. The loss of volume from US market will be noticed and...
Daily chart wants to make a move & this could be the setup. Not Financial Advice.
Good probability of an upside move on the 1 hr chart. 4 hour chart showing potential of a pullback to follow after a test of the 200 day MA on 1 hr chart. Following that we have the daily chart setting up for a big move, my target would be back around .45. I feel that after that we will inevitably see a lot of selling pressure leading up to Jan 19th. This...
Daily chart showing major consolidation over the last few days. We are set to make a big move very soon. This trade could go either way but due to where we are in overall crypto market cycle (dominated by BTC and its 4 year halving's) I think the Bulls will regain control of this market for the foreseeable future. Corrections and sell offs will happen. ...
I believe the pull back has been completed.
Nice setup on the daily chart signaling big moves lie just ahead. Bearish or bullish outcome is yet to be determined. In past bull markets the moving averages acted as key support and reversal levels when following breakouts and the ensuing pullback. We are at the point of decision in the current market. My speculation is that we will eventually see a...
Price has hit .45 as discussed in my last post. Need to regain the .46 region in the next 50 min to have 4hr candle body to respect trend line. If this does not happen we will continue towards .40, possibly stopping at .42. Bulls or bears could make a big move as we flirt with major resistance/support. Lowest support we could hit while maintaining bullish...