This is an interesting coin that is having some exciting developments recently, including an airdrop to holders of the coin when they launch their ERC20 token 2XDN.
After reaching an ATH of 646 in 2018, the price slowly dropped all the way to 2 sats for a while before pumping to 18 and now finding support at 7-8.
I'm accumulating this coin and holding for a...
Weekly stochastic is very oversold and price has been holding at the 24-26 sat level (yellow line).
If MACD continues dipping down we might see a visit to the lowest support formed by the 2017 bull run around 19-21 sats (red line).
I'm predicting another couple small pumps to the green trend line around 50 sats until we reach the end of the triangle and then who...
Excuse the messy chart, I've been following this coin and accumulating for a while so I have a lot of trendlines drawn.
We've seen some strong moves upward recently going from a low of $0.043 and hitting resistance around $.067 - an almost 60% move! Volume is increasing so we could see a push above resistance and into new daily highs and then it's moon time.
After a ~1170% increase the past couple weeks EMC2 needed a few days to cool off and correct.
4HR MACD has crossed up and stochastic is rising from oversold and we are seeing price move up quickly.
Now would be a great time to open a long position.
Ripple has formed an Adam & Eve Double Bottom pattern and could be ready for a move up.
I've had some bad luck with this coin before but it may be worth a second look now.
May pick up a few coins and set a tight stop loss because you never know with XRP...