Looking for this daily candle to close above the 2.05 for a retracement back tot he 2.05 area or 2.05 region. Short term higher lows for confirmation to long. Price hasn't closed above 2.05 since September 19th.
What are you seeing ? ? ?
October and November printed new highs above April 2021 highs. Price is struggling to stay above the 64900 zone. A pullback study shows bullish pullbacks btw 25 - 30% which "if" price does drop, looking to see support in the 52000 area, corresponding with September 2021 highs, trendline, and the daily 200EMA.
Still bullish but the defensive team is ready to be...
The September higher high breakout of the previous range from 1.00 to 2.30 range is still VERY bullish. Since then, price retraced 40% tot he 1.95 region / .618 fib retracement zone. We've seen short time frame higher highs and lows with the 2.31 area still holding as resistance. Looking to go long with a retest of the 1.95 region or a higher low in the 2.00 -...
Price respecting the supply resistance are at the 0.1870 region. Closing out a partial position here. Looking for a retracement to the support/demand area & 50% fib 0.1525 region. Looking for short-term timeframe higher lows to go long again. TP zone in the 0.24 to 0.25 region which is the previous major swing high on the broader downtrend and the range extension...
XRP still in bullish flag formation. Price breakout of the 1.2450 region holding as support. Currently riding the 21 EMA. Flag extension showing next leg up to September highs in the 1.4160 region. Ripple Swell conference "can" be the catalyst to initiate another leg up to this level and beyond. What are your thoughts?
B U L L I S H
Looking for a last capitulation leg down to the 0.08 region. Held as an area of S/R many times. Looking for price to resume an uptrend from this level. Possible that price can just go bullish off the current trendline. But who the hell knows . . .
After 2 weeks of consolidation, price breaks out of bullish pennant, and close above April 14th high of 64895 after a test of the 200 EMA. Looking for a retest of the 65000 region and 21 EMA to confirm bullish momentum. Medium term target 80,000.
Price is in a bullish channel, holding support at the 0.000053 region trying to make a short term higher low bullish trend reversal. A break of the upper supply channel may signal a bullish run. Wouldn't be surprised if price breaks down to .0000500 again to retest previous May 2021 high.
Price tested support trendline. Currently testing 0.36 region short term resistance. Waiting for price to break & retest support to long, or price breakdown below trend line and previous low to short. Lots of overlaying support areas including 0.618 fib. Expecting bullish price action. Just so happens XRP is also retesting medium term support. Same analysis on XRP.
