N4TUN

N4TUN

Nice bounce off the previous channel

N4TUN

healthy pump

N4TUN

Might be a little early to say however I think this is the double top ( on the 15 mi) / the top of the 3rd spike on the head and shoulder pattern. If we see a downturn to the 61c level then we can look for a great opportunity to short XRP to the 27- 33c levels. On the other hand if we see market FOMO then we may be able to see a break of ATH.

N4TUN

Taking a look at the immediate weekly candle I think I see a falling tree pattern. Next week or week after. Confirmation I got from lower timeframes all look to support the view of buying pressure fading out at 60-62. Happy for some arguments on this one considering the morning stars before.

N4TUN

Doing a long retrace of the last Bear and Bull cycles and we are in for one wild ride. Assumption is that we follow the same pattern as the 2017 cycle.

N4TUN

Hopefully with today SEC news we should see a nice drop in the price to solidify this next move. after a 3 year downtrend in price we can see that XRP is testing its bullish sentiment with this huge formation. I've traced my predictions in blue. Happy for some discussion around this

N4TUN

look at the yellow lines and youll see we are restesting before a pump

N4TUN

A wider look at what is going on with the technical analysis of the weekly XRP/USD

N4TUN

Good time to buy XRP on double bottom bull line