So the SEC sued Ripple or better "filed a complaint" against Ripple and their former CEO and founder Christian Larsen, and its current CEO Bradley Garlinghouse. Now of course panick mode: This is the end of XRP !!! SELL EVERYTHING RIGHT NOW !!! LEAVE THE SINKING SHIP!!! Hahah, classic, how many times did I witness such headlines or events since I started with...
So this coin here, Digibyte is not very well known but has an interesting chart. It tends to have a solid bottom area with regards to BTC, and had really good pump potential in the past. The new bottom area is higher than the last one before the 2017/18 rally, which is also a good sign. I think this coin will see some excellent gains in the new altcoin rally.
So we all expected a repeat of 2017. Therefore, as we know coins, it probably won't do that. Coins often do what people don't expect. So instead of a double pump as in 2017, XRPBTC could decide to slowly crawl upwards now in the course of the next months, until it would peak around the time that BTCUSD hits the top, in late 2021. This would be another...
Haha, how funny that was, that only a few days after my last quite cautious chart, where I said that this pump is probably only an intermediary one, and not the big one yet; that after this XRP immediately starts pumping like crazy. This looks more and more like the big one, and now of course it will be interesting to see how high this will go. Interesting of...
No, this is not the big pump to 1 USD+ imho. This small rally is akin to the small pump in January 2017. It is an intermediate re-adjustment :) The big pump will start after BTC has hit 20k, possibly a bit over 20k. Then the pump will probably start, so still maybe a few weeks more patience needed :)
We can clearly see how amazingly predictable BTC behaves on longer timeframes. The monthly picture is really good for such analyses. Especially the monthly bband has historically been a good indicator to show when an outbreak was nearing. And now, the next outbreak is indeed nearing, as we approach a phase very similar to the end of 2016. Back then, the monthly...
Well Nikola is a classic example of what happens when a scam gets too big. Newbie investors hop on board, who are misinformed and think, basing their opinion mostly on mainstream media articles, that Nikola will be the next Tesla. Unfortunately the mainstream media is totally clueless, and it becomes more and more apparent that Nikola is and has been an elaborate...
It's funny looking back at all the XRPBTC predictions. They were almost all entirely wrong. I was one of the few who always said, forget a ripple rally before 2020. This coin's dynamic is fascinating, because it offers extremely high potential ROI, but is also by far the most frustrating. That's why most people fail to make some nice gains with ripple. They...
Comparing this runup to the last one after the low in the 3k area, we see a very similar behavior until now. If this continues, we should reach 20k sometime in late october, or mid November at the latest. I suspect that we'll see a longer flat/sideways period, until we'll push towards new ATHs, above 20k, probably in mid 2021. By late 2021, we should reach the...
Ok, BTC has unfortunately chosen. The weekly candle has closed below the weekly MA200, and that is a very bearish sign. Turns out, the people that hoped for an ABC type correction were right after all. But ok, this is due to the unique macro-economic events that are basically leading the whole world into a recession. Without that event, I think BTC would not have...
Hi dear XRP fellows, who are waiting for this coin to break out. If we look at XRP's price history, we can clearly see the very strong correlation with BTC's price rises. I think we are now where we were in late 2016. XRPBTC then started rising, but as BTCUSD started nearing ATH levels at 1200 again, XRPBTC started declining again. I think it will be the same...
Someone asked me if I could do an LTCBTC analysis, and here is my view. LTCBTC has been historically on the decline. Ever since LTC was created, it kept falling behind. At first it was the number 2 coin after bitcoin in marketcap, but it has been replaced by other coins. And since LTC unfortunately does not have very unique features, I think this trend will...
This is it ladies and gentlemen. The moment we've been waiting for since late 2017. The multi year bullish flag is nearing the end. The moment of decision has come. A possible cup and handle and strong buys could lead to BTC breaking the 3 year downtrend resistance line. If that happens, then the next bull cycle officially begins. It will lead to 20k this year,...
This giant XRPBTC wedge here, which has been in play since 2 1/2 years now, is about to break. I think that initially XRPBTC will rally, but then BTCUSD will start pumping, prompting XRPBTC to dive again, and retest the previous resistance of the wedge, now become support. Then at some point, around the time BTC will reach ATH levels in 2021, around 100-200K...
I think it's quite likely that we're going to revisit the MA200 one last time, as a final shakeout, before any kind of rally can start. The stock market looks as if it want to commence a second dump wave, therefore, it's quite likely that btc will follow to some extent. However, it will not follow as strongly as last time, because now, we are in post halving...
It is looking better and better for the emergence of a new rally, despite all odds. Now, if the weekly candle closes above 10.5k this week, this will be a huge cofirmation, the one we need to be very sure that we will indeed see a giant new bullmarket. This will culminate in hitting 20k still this year, and new all time highs by late 2020 or early 2021. 100k...
I suspect that BTC's inability to break through 10k decisively means one further big dump towards the weekly MA200, currently sitting at around 6k. BTC might complete the huge triangle since late 2017 by one last move down to the support line which coincides with the weekly MA200. However, it could also surprise us and just break through 10k after all in the...
This here is a really nice wedge that Tesla is printing. I think the stock will range now for most of the year. Without Corona, I am very sure, we would be at prices of over 1000 USD now, but as it is, the stock must range and stabilize for a while. Then, at the end of 2020, we will either see a large pump, or a dump, and the later pumps. This will of course...