There is no doubt about it that XRP is in a downtrend. I expect Ripple to bottom out at €0.18c / $0.20c. Don't expect to see a bullish reversal, a sideways trend will
more than likely form here. A great opportunity for scalpers none the less and to accumulate XRP to setup long positions.
As you can see, buyers on the ACC/DIST Indicator now match patterns set in July 2019, before the dump. However Vechain is in a much stronger position this time round, to avoid this scenario playing out again.
I recently posted my 100 day forecast of VET, in this I stated that VET would continue it's downtrend in no great detail.
Here is a deeper analysis of why I initially thought this. Based on the facts i see.
Now if you look at the one day chart over the past 211 days you will see here I have established the historical trend lines.
Please note that the...
Good evening folks, I have been following Medibloc for quite sometime now and with their main-net coin swap now complete.
I am expecting and uptrend. 31% in 12 days ain't too shabby at all. Very technical I know.
But i'll be doing a deeper analysis on MED as we see it develop into 2020 and beyond. Make no mistake,
Medibloc is here to stay folks.
The patterns I have highlighted concern me and I would also think that it might concern any trader considering a Long position. For now hold out as I expect TRXUSD to fall to $.01 support, once this bearish trend finishes. I do however expect TRX to consolidate and will begin to look Bullish again, pushing back up towards $0.03 resistance. So a Long position...
ACC/DIST (-152mil 30th July '18, -5.4B today) is a strong indicator that Vechain Thor will continue it's downward trend into the near future. Also moving average against the USD is showing strong volatility.
On a positive note, China's big announcement during the week that it will be delving into the blockchain world. Created a positive spike in volume for VET...
The hidden footprint that nobody is talking about. ACC/DIST Indicator aka Cumulative Net-Delta. "Follow the money-flow". The accumulation of buyers continues to rise, keeping pace. Aug 19 45M, today 101M.
As I am sure you are all aware, XPR has been performing strongly over the past month. The market had moved higher , trending strongly for a couple of days, testing the $0.30 resistance bands on 18th October with a high of $0.31, followed by a correction down to $0.23 being completed on the 24th of October.
After this we see the clear triangle pattern with highs...
With ChainLink breaking the $ 2.79 for the second time over the course of the last seven days. One can begin to see where the clear resistance lies. Now let me breakdown my graph for you all, green indicates the one day forecast from my previous post. As you can see I do expect to see $ 2.82 tested again before a correction sets in over tomorrow and part of...
Taking into account the current moving average and strong historical growth over the past 7 days (17.48%), and over the course of the last 30 days (92.94%). I believe this outcome is a distinct possibility.