Buyers still didn't have the strength to break the blue lines. On the other hand, sellers are not strong enough to drop the price. So, maybe the price is accumulating to go up, and, who knows, we may have a surprise in the next hours...
I see triangles in XRP. How often? All the time.... Well, XRP chart is looking a bit different from BTC. I don't like. That's not good. Or this triangle breaks to the upside soon, or XRP can dive again...
Buyers still fighting with the lines I spoke in the last post. Once broken, maybe it could fly....
Looks like XRP made a good breakout and confirmation of the H&S pattern. Now it needs to break that 0.93 and explode in the air. Well, at least that's what I expect. What do you think??
BTC needs to break some lines to go up, on the daily chart. Two of them are in play, and we can have a good moment for buyers, soon... In other hand, if frustrated, man, I don't wanna talk about it....
XRP is forming a H&S. Maybe starting a reversal and fly away from this range.
Well, the storm came, and wash the buyers away. Looking to the long term, XRP still consolidated, as all the cryptomarket. Although the triangle has been broken, nothing will happen till one of the blue lines is broken
A boom is coming. Does anybody know which direction it will explode?
Buy (or sell) the retest.... When it happens? Maybe soon, maybe not
Does anyone knows wich way the incoming storm goes?
Nothin' to do nowhere to goooo, I wanna be sedated....
As we can see on the chart, the first attempted breakout of the upward failed, and the price returned to the triangle. That's what the price does while it's consolidated, it just doesn't make a firm decision. And now, where do we go? Breakthrough up or down? What do you expect?
Time is now. After fourth days in that range, XRP slipped to touch the trendline. This is the third touch in this line, wich means a big decision: price may run. Question: which way?? In other hand, there is another possibility: as we are in a consolidation (1.10 - 0.65), price simply can continue in this boring movement for a few days more (or months...). Well,...
XRP is in a boring move - for those who looking for the long term -, maybe accumulating to break through to the next level. I'm looking to the 1.20-1.26 area. Where's the buyers?
This breakout could take price to 43-44k area. Waiting and seeing...
Higher lows formed. Triangle formed. Where it breaks, it goes...
Since May 30, price is stuck between 0,97 and 1.07. Higher lows is forming, as we can see on the chart. But buyers need more strength to support this upward...
As we can see in the chart, BTC is forming new lows, wich suggest price is going up, as the Dow theory says. Now BTC needs to stand above 36350 breaking the red dotted line to keep the upward move.