I think we can all agree that XRPUSD is a lazy bastard with a lot of potential. He was able to reach his head and shoulders, and after AMEX news XRP reached it´s knees.. So the next logical step would be reaching it´s toes. Seems to be a lot of work for such a monster, but i think XRPUSD can handle it. After the inverse H&S patter was confirmed (please watch my...
BTCUSD broke the 8000USD mark and it formed a nice cup and handle pattern. To confirm this pattern there has to be a breakout above the neckline. So be careful. Good luck! PS.: The projected target after breakout can be estimated by measuring the distance from the right peak of the cup to the bottom of the cup.
XRPUSD took a hit like every other coin, but it didn´t break it´s trendline. This led us to our new trading pattern, the inverse head and shoulders. The pattern is confirmed on a close above the neckline. At the moment this is our first target (0.226USD). Happy trading.
4H-Chart: Since hitting the trendline it rose from 0.15USD to 0.17USD to 0.19USD. XRP bounced up again.I expect a sideways movement over the weekend before going up again. UPDATE: As expected there was a sideways movement but still orienting itself on the trendline. I think the trend will go up from now on. Hopefully it spikes up to 0.30USD, as it did twice...
Burst hit bottom and going slowly back up. This could be one possible trade. If the trendline breaks burst could go down to 70sat again. Target is 95sat
My long-term view hasn´t changed. XRPUSD is slowly climbing towards new levels in tiny 0.2USD steps. XRP showed little movement in the last few days, which is a good sign in itself. I think XRP is more insensitive to bitcoin and price fluctuation than many other altcoins. This shows in my eyes that XRP is on its way to becoming a stable currency, rather than an...
My long-term view hasn´t changed. XRPUSD is slowly climbing towards new levels in tiny 0.2USD steps. XRP showed little movement in the last few days, which is a good sign in itself. I think XRP is more insensitive to bitcoin and price fluctuation than many other altcoins. This shows in my eyes that XRP is on its way to becoming a stable currency, rather than an...
After many failures and destroyed hopes and dreams, i made my own TA of an currency. I just started trading couple weeks ago. Trying to be as realistic as possible. The short term trend of XRP (and all other coins) has reversed after the BTG fork as expected. It´s moving towards 0.26, might hit 0.29 again. Strong support level is 0.15 I don´t expect the price...