adcardosi

adcardosi

This was a strong and sudden drop. This is unlikely to continue ans RSI looks like its towards the bottom.

adcardosi

PE ratio is low (0.69) and RSI is also very low (around 18 on 4H chart). It looks like we're already starting to hit bottom and some green candles are appearing.

adcardosi

Looks like a bearish cloud is forming. Good shorting oppertunity.

adcardosi

This recent DOW crash wasn't caused by anything substantional. Expect a market reversal soon.

adcardosi

RSI is way too high on the 4 hour chart and the Tether pump has died down. We should see a correction.

adcardosi Updated 

looking at the trend lines it seems pretty likely that if the price drops it will hit the bottom support level and bounce back up

adcardosi

Looks like a MACD interception could happen soon for 4H chart. This could be a major bull signal for XRP but it's still possible this is a fakeout.

adcardosi

We've seen plenty of bull flags from XRP and this could be the biggest one yet.

adcardosi

If XRP breaks out of this downward wedge then breaks through the 0.625 resistance we should see some gains. However, if XRP fails to break this reistance it may end up falling back to the 0.5 support line.

adcardosi Updated 

RSI shows XRP is too high, and on it's way down. XRP should bounce back though, especially with xRapid on the horizon (Sagar Sarbhai claiming it will be released in one month).

adcardosi Updated 

Looks like XRP could go bullish if this is in fact a bull flag. MACD also indicates bullish behavior. Resistance around .50 might be difficult though.

adcardosi Updated 

Looks like XRP is breaking out of small downward wedge in a bullish pattern.